China Auto Logistics (CALI) 10-K 10 Apr 14 2013 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Apr. 07, 2014	Jun. 30, 2013
Document and Entity Information [Abstract]	'	'	'
Entity Registrant Name	'China Auto Logistics Inc	'	'
Entity Central Index Key	'0001355042	'	'
Amendment Flag	'false	'	'
Current Fiscal Year End Date	'--12-31	'	'
Document Type	'10-K	'	'
Document Period End Date	31-Dec-13	'	'
Document Fiscal Period Focus	'FY	'	'
Document Fiscal Year Focus	'2013	'	'
Entity Well-Known Seasoned Issuer	'No	'	'
Entity Voluntary Filers	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Public Float	'	'	$5,790,899
Entity Common Stock, Shares Outstanding	'	4,034,394	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2013	Dec. 31, 2012
Current assets:	'	'
Cash and cash equivalents	$15,041,505	$8,888,749
Restricted cash	29,665,536	27,015,351
Receivable related to auto mall management fees	255,712	'
Receivable related to financing services	68,568,562	57,134,815
Notes receivable	'	1,587,024
Inventories	15,343,671	27,141,004
Advances to suppliers	38,074,096	43,019,343
Prepaid expenses	12,311	19,071
Value added tax receivable	283,478	338,513
Deferred tax assets	48,345	714,161
Total current assets	167,293,216	165,858,031
Property, plant, and equipment, net	72,977,985	314,126
Ownership interest in Car King Tianjin	577,904	'
Goodwill	20,159,365	'
Intangible assets, net	547,155	'
Other assets	'	23,559
Total assets	261,555,625	166,195,716
Current liabilities:	'	'
Bank overdraft	2,439,429	'
Lines of credit related to financing services	66,173,312	51,528,018
Short term borrowings	6,259,598	19,673,128
Notes payable to suppliers	21,275,203	12,696,196
Accrued expenses	236,599	356,114
Customer deposits	35,205,567	19,131,420
Deferred revenue	202,428	241,598
Payable related to acquisition of Zhonghe - current portion, net	15,706,581	'
Due to shareholders	2,223,458	2,156,166
Due to director	597,393	512,023
Income tax payable	174,540	400,932
Deferred tax liability	786,413	'
Total current liabilities	151,280,521	106,695,595
Payable related to acquisition of Zhonghe, excluding current portion, net	35,306,223	'
Deferred tax liability	12,239,842	'
Total liabilities	198,826,586	106,695,595
Commitments and contingencies (Note 17)	'	'
China Auto Logistics Inc. shareholders' equity:	'	'
Preferred stock, $0.001 par value, 5,000,000 shares authorized, none issued and outstanding	'	'
Common stock, $0.001 par value, 95,000,000 shares authorized, 4,034,394 shares and 3,694,394 shares issued and outstanding as of December 31, 2013 and 2012, respectively	4,034	3,694
Additional paid-in capital	22,979,734	21,994,074
Accumulated other comprehensive income	7,642,886	5,923,398
Retained earnings	31,530,669	31,006,409
Total China Auto Logistics Inc. shareholders' equity	62,157,323	58,927,575
Noncontrolling interests	571,716	572,546
Total equity	62,729,039	59,500,121
Total liabilities and shareholders' equity	$261,555,625	$166,195,716

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Balance Sheets [Abstract]	'	'
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	'	'
Preferred stock, shares outstanding	'	'
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	95,000,000	95,000,000
Common stock, shares issued	4,034,394	3,694,394
Common stock, shares outstanding	4,034,394	3,694,394

Consolidated_Statements_of_Inc

Consolidated Statements of Income (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Statements of Income [Abstract]	'	'
Net revenue	$459,235,057	$591,315,104
Cost of revenue	452,379,416	580,057,718
Gross profit	6,855,641	11,257,386
Operating expenses:	'	'
Selling and marketing	751,114	977,555
General and administrative	3,174,780	2,036,436
Impairment loss of goodwill and intangible assets	'	4,661,201
Total operating expenses	3,925,894	7,675,192
Income from operations	2,929,747	3,582,194
Other income (expenses):	'	'
Interest income	515,212	230,916
Interest expense	-999,360	-531,301
Loss on disposal of property and equipment	'	-172,043
Gain on forgiveness of debt	'	1,139,861
Foreign exchange loss	-217,764	'
Equity loss - share of investee company loss	-76,660	'
Miscellaneous	'	-72,922
Total other income (loss)	-778,572	594,511
Income before income taxes	2,151,175	4,176,705
Income taxes	1,634,518	1,596,179
Net income	516,657	2,580,526
Less: Net income (loss) attributable to noncontrolling interests	-7,603	13,439
Net income attributable to shareholders of China Auto Logistics Inc.	$524,260	$2,567,087
Earnings per share attributable to shareholders of China Auto Logistics Inc. - basic and diluted	$0.14	$0.69
Weighted average number of common shares outstanding - basic and diluted	3,723,271	3,694,394

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Statements of Comprehensive Income [Abstract]	'	'
Net income	$516,657	$2,580,526
Other comprehensive income	'	'
- Foreign currency translation adjustments	1,726,261	224,181
Comprehensive income	2,242,918	2,804,707
Less: Comprehensive income (loss) attributable to noncontrolling Interests	-830	13,666
Comprehensive income attributable to shareholders of China Auto Logistics Inc.	$2,243,748	$2,791,041

Consolidated_Statements_of_Sha

Consolidated Statements of Shareholders Equity (USD $)	Total	Common Stock	Additional Paid in Capital	Accumulated Other Comprehensive Income	Retained Earnings	Non- controlling Interest
Beginning Balance at Dec. 31, 2011	$56,695,414	$3,694	$21,994,074	$5,699,444	$28,439,322	$558,880
Beginning Balance, Share at Dec. 31, 2011	'	3,694,394	'	'	'	'
Foreign currency translation adjustments	224,181	'	'	223,954	'	227
Net income	2,580,526	'	'	'	2,567,087	13,439
Balance at Dec. 31, 2012	59,500,121	3,694	21,994,074	5,923,398	31,006,409	572,546
Beginning Balance, Share at Dec. 31, 2012	'	3,694,394	'	'	'	'
Issuance of shares (Note 3)	986,000	340	985,660	'	'	'
Issuance of shares (Note 3) (in Share)	'	340,000	'	'	'	'
Foreign currency translation adjustments	1,726,261	'	'	1,719,488	'	6,773
Net income	516,657	'	'	'	524,260	-7,603
Balance at Dec. 31, 2013	$62,729,039	$4,034	$22,979,734	$7,642,886	$31,530,669	$571,716
Balance, Share at Dec. 31, 2013	'	4,034,394	'	'	'	'

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities:	'	'
Net income	$516,657	$2,580,526
Adjustments to reconcile net income to net cash provided by (used in) operating activities	'	'
Depreciation and amortization	314,126	341,483
Loss on disposal of property and equipment	5,816	172,043
Impairment loss of goodwill and intangible assets	'	4,661,201
Gain on forgiveness of debt	'	-1,139,861
Equity loss - share of investee company loss	76,660	'
Stock issuance related to Zhonghe acquisition	986,000	'
Change of deferred tax liabilities	-32,418	-45,106
Inventory reserve	190,877	'
Changes in operating assets and liabilities:	'	'
Restricted cash	-13,792,120	-8,207,076
Accounts receivable - trade	'	107,894
Receivable related to auto mall management fees	-252,403	'
Receivables related to financing services	-9,955,175	32,524,609
Notes receivable	1,615,378	3,172,891
Inventories	13,708,851	1,559,629
Advances to suppliers	9,450,667	1,725,410
Prepaid expenses, other current assets and other assets	33,003	136,617
Value added tax receivable	305,993	287,087
Deferred tax assets	679,201	-713,900
Accounts payable	'	-1,565
Lines of credit related to financing services	13,297,886	-36,588,686
Notes payable	3,230,757	12,691,563
Accrued expenses	-137,505	-54,205
Accrued interest on payable related to Zhonghe acquisition	258,273	'
Customer deposits	15,266,991	-27,722,918
Deferred revenue	-51,867	-78,336
Income tax payable	-235,813	-760,417
Net cash provided by (used in) operating activities	35,479,835	-15,351,117
Cash flows from investing activities:	'	'
Acquisition of Zhonghe, net of cash received of $194,445	-38,574,637	'
Repayments of receivable from former owner of Zhonghe	7,111,260	'
Purchase of property and equipment	-14,842	-6,058
Net cash used in investing activities	-31,478,219	-6,058
Cash flows from financing activities:	'	'
Bank overdraft	2,407,865	'
Proceeds from short-term borrowings	28,444,740	32,464,014
Repayments of short-term borrowings	-42,472,868	-16,902,607
Decrease of restricted cash related to short-term borrowings	13,462,283	'
Proceeds from a director	862,200	852,075
Repayment of amount due to director	-755,921	-352,335
Net cash flows provided by financing activities	1,948,299	16,061,147
Effect of exchange rate change on cash	202,841	-16
Net increase in cash and cash equivalents	6,152,756	703,956
Cash and cash equivalents at the beginning of year	8,888,749	8,184,793
Cash and cash equivalents at the end of year	15,041,505	8,888,749
Supplemental disclosure of cash flow information:	'	'
Interest paid	3,650,929	3,905,767
Income taxes paid	1,062,331	3,115,602
Non cash investing activities:	'	'
Payable related to the acquisition of Zhonghe	$52,197,645	'

Organization_and_Nature_of_Bus

Organization and Nature of Business	12 Months Ended
	Dec. 31, 2013
Organization and Nature Of Business [Abstract]	'
Organization and Nature of Business	'
	-1	Organization and Nature of Business
	The consolidated financial statements consist of the financial statements of China Auto Logistics Inc. (the “Company” or “China Auto”, and the following wholly owned and majority owned subsidiaries of the Company:
	●	Ever Auspicious International Limited (“HKCo”),
	●	Tianjin Seashore New District Shisheng Business Trading Group Co. Ltd. (“Shisheng”),
	●	Tianjin Ganghui Information Technology Corp. (“Ganghui”),
	●	Tianjin Hengjia Port Logistics Corp. (“Hengjia”),
	●	Zhengji International Trading Corp. (“Zhengji”),
	●	Tianjin Zhonghe Auto Sales Service Co., Ltd. (“Zhonghe”).
	On November 10, 2008, China Auto, formerly Fresh Ideas Media, Inc. (“Fresh Ideas”), incorporated on February 22, 2005 in the State of Nevada, entered into a Share Exchange Agreement with HKCo. Under the Share Exchange Agreement, China Auto issued 1,950,000 (pre reverse split of 11,700,000) shares of its common stock to acquire all the issued and outstanding capital stock of HKCo. The closing of the Share Exchange Agreement occurred on the same day, immediately following the cancellation of an aggregate of 189,167 (pre reverse split of 1,135,000) shares of the Company’s common stock held by Phillip E. Ray and Ruth Daily, the Company’s principal stockholders immediately prior to the Closing, which was a condition of the Closing. Prior to the closing of the Share Exchange and the cancellation of shares stated above, the Company had a total of 1,255,833 (pre reverse split of 7,535,000) shares of common stock issued and outstanding. As a result of the Exchange, HKCo became the Company’s wholly-owned subsidiary. Upon the closing of this transaction, the Company’s primary business operations are those of HKCo. Shortly after the closing, Fresh Ideas changed its name to China Auto Logistics Inc.
	HKCo was incorporated in Hong Kong on October 17, 2007. Prior to December 25, 2007, HKCo had minimal assets and no operations. On November 1, 2007, HKCo entered into a share exchange agreement with Cheng Weihong, Xia Qiming and Qian Yuxi (the “Seller”), pursuant to which the Sellers transferred their interests in Shisheng to HKCo for an aggregate purchase price of $12,067,254 (RMB95,000,000) which was paid via issuance of equity interests of HKCo. Upon the completion of this transaction on December 25, 2007, Shisheng became a wholly-owned foreign enterprise (“WFOE”) of HKCo and this arrangement was approved by the relevant ministries of the PRC government. As a result of this transaction, the owners and management of Shisheng end up controlling HKCo and thus this transaction was classified as a recapitalization of Shisheng using the purchase method of accounting.
	Upon the completion of the transactions on December 25, 2007 and November 10, 2008, the Company owned 100% of HKCo which owned 100% of Shisheng, the operating entity of the Company. For financial reporting purposes, these transactions are classified as a recapitalization of Shisheng and the historical financial statements of Shisheng are reported as China Auto’s historical financial statements.
	Shisheng was incorporated in the People’s Republic of China (“PRC”) on September 1, 1995. Shisheng’s business includes sales of both domestically manufactured automobiles and imported automobiles (“Sales of Automobiles”), providing financing services related to imported automobiles (“Financing Services”), and providing logistic services relating to the automobile importing process and other automobile value added services such as assistance with customs clearance, storage and nationwide delivery services (such services, “Automobile Value Added Services”).
	In August 2001, Shisheng formed Ganghui to provide web-based, real-time information on imported automobiles. Ganghui was 80% owned by Shisheng.
	In September 2003, Shisheng formed Hengjia to provide Automobile Value Added Services to wholesalers and distributors in the imported vehicle trading industry. Hengjia was 80% owned by Shisheng.
	In February 2005, Shisheng and three other founders formed Zhengji to enhance the imported automobile trading industry. Zhengji was 32% owned by Shisheng since 2005. In January 2007, Shisheng injected additional capital of $1,024,498 (equivalent to RMB 8,000,000) into Zhengji. Consequently, Shisheng's equity interest in Zhengji increased from 32% to 86.4%.
	On July 23, 2009, Shisheng entered into Share Transfer Agreements to acquire additional ownership interests from other noncontrolling interest shareholders to increase its ownership interests in its Ganghui, Hengjia and Zhengji to 98% each for an aggregate amount of $444,120.
	On November 1, 2010, Shisheng entered into a Share Transfer Agreement with the owners of Qizhong to acquire all issued and outstanding stocks of Qizhong and completed the acquisition simultaneously. Qizhong is engaged in the development and operation of the website www.goodcar.cn and the business of providing customers with information and discounted services relating to automobiles, including discounted gas, car washes, and body-shop repair and car maintenance. Beijing Goodcar Technology Development Co., Ltd. (“Beijing Goodcar”), Xiamen Goodcar Network Technology Co., Ltd. (“Xiamen Goodcar”), Wuhan Youlu Network Technology Co., Ltd (“Wuhan Youlu”), Chengdu Haoche Technology Development Co., Ltd. (“Chengdu Haoche”), Tianjin Goodcar Technology Development Co., Ltd (“Tianjin Goodcar”) and Chongqing Kaizhi Technology Co., Ltd. (“Kaizhi”) are wholly-owned subsidiaries of Qizhong (collectively, “Goodcar”). These services provided by Goodcar were then included in the Company’s segments of web-based advertising services and automobile value added services.
	During 2013 and 2012, the Company deregistered Qizhong and its the wholly owned subsidiaries, including Beijing Goodcar, Xiamen Goodcar, Wuhan Youlu, Chengdu Haoche, Tianjin Goodcar and Kaizhi.  All of these subsidiaries’ operations have been assumed by their parent company, Qizhong.  The Company has disposed of the majority of the assets of these subsidiaries and transferred the remaining net assets to the Company’s other subsidiaries.
	On November 22, 2013, the Company, through its wholly-owned subsidiary, Tianjin Zhonghe Auto Sales Service Co., Ltd. (“Zhonghe”), entered into a Cooperation Framework Agreement with Car King (China) Used Car Trading Co., Ltd. (“Car King China”) with respect to the establishment of a joint venture, Tianjin Car King Used Car Trading Company Ltd. (“Car King Tianjin”) that will own and operate a used car business. The establishment of this joint venture was contingent upon the successful completion by the Company of the acquisition of Zhonghe which owns the Tianjin Airport International Auto Mall, where the used car business will be operated.  Upon the acquisition of Zhonghe on November 30, 2013, the joint venture was established in accordance with the Cooperation Framework Agreement.  Pursuant to the terms of the Articles of Association of Car King Tianjin, Zhonghe and Car King China will make capital contributions totaling RMB 8,000,000 and RMB 12,000,000, respectively, to Car King Tianjin, which will have total registered capital of RMB 20,000,000. Prior to being acquired by the Company, Zhonghe made an initial capital contribution of RMB 4,000,000 to Car King Tianjin in November 2013. The Company is entitled to 40% of Car King Tianjin’s net profit or loss.
	On November 30, 2013, Shisheng signed an agreement (the “Auto Mall Acquisition Agreement”) with Hezhong (Tianjin) International Development Co., Ltd. (“Hezhong”) to purchase 100% of the equity of Zhonghe, which owns and operates the Airport International Auto Mall. Under the terms of the Auto Mall Acquisition Agreement, Shisheng will pay RMB 559,768,000 (approximately $91.4 million) to Hezhong, in four annual installments with an annualized rate of interest of 6%. The initial payment of RMB 240,000,000 (approximately $38.8 million) was paid within 5 business days after the signing of the Agreement.  Upon the payment by Shisheng of this first installment, Hezhong transferred control of Zhonghe to Shisheng.  Failure by Shisheng to pay the remaining installments may result in the termination of the Auto Mall Acquisition Agreement, as well as a penalty of 10% of the total transfer price.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2013
Summary Of Significant Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	-2	Summary of Significant Accounting Policies
	Basis of Presentation
	The consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”).
	Reverse Stock Split
	On October 9, 2012, the Company filed a Certificate of Amendment of its Articles of Incorporation to effect a one-for-six reverse split of the Company’s issued and outstanding shares of common stock, par value $0.001 per share. The Certificate of Amendment was effective upon filing on October 9, 2012. The Company’s stockholders, at a Special Meeting of Stockholders held on September 4, 2012, had previously authorized the Company’s Board of Directors to effect a reverse stock split at a ratio of up to one-for-six to be determined by the Board of Directors. There was no change to the authorized shares of common stock of the Company as a result of the reverse stock split. Any fraction of a share of common stock that would otherwise have resulted from the reverse split was rounded up to the next whole share.  Accordingly, all references to numbers of common shares and per-share data in the accompanying consolidated financial statements and notes have been retroactively adjusted to reflect the effects of the reverse stock split.
	Principles of Consolidation
	The consolidated financial statements include the financial statements of China Auto and its wholly-owned and majority-owned subsidiaries. All inter-company transactions and balances have been eliminated in preparation of the consolidated financial statements.
	Use of Estimates
	The preparation of consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, revenue and expenses in the consolidated financial statements and accompanying notes. Significant accounting estimates reflected in the Company's consolidated financial statements include the collectibility of accounts receivable, the useful lives and impairment of property and equipment, goodwill and intangible assets, the valuation of deferred tax assets and inventories and the provisions for income taxes. Actual results could differ from those estimates.
	Currency Reporting
	Amounts reported in the consolidated financial statements are stated in US Dollars, unless stated otherwise. Our functional currency is the Renminbi (“RMB”). Foreign currency transactions (outside the PRC) are translated into RMB according to the prevailing exchange rate at the transaction dates. Assets and liabilities denominated in foreign currencies at the balance sheet dates are translated into RMB at period-end exchange rates. For the purpose of preparing the consolidated financial statements, the consolidated balance sheets of our Company have been translated into US dollars at the current rates as of the end of the respective periods and the consolidated statements of income have been translated into US dollars at the weighted average rates during the periods the transactions were recognized. The resulting translation gain adjustments are recorded as other comprehensive income in the consolidated statements of comprehensive income and as a separate component of the consolidated statements of shareholders’ equity.
	Fair Value Disclosures of Financial Instruments
	Fair value is defined as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required or permitted to be recorded at fair value, the Company considers the principal or most advantageous market in which it would transact its business, and it considers assumptions that market participants would use when pricing the asset or liability.
	As a basis for considering such assumptions, a three-tier fair value hierarchy prioritizes the inputs utilized in measuring fair value as follows:
	●	Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.
	●	Level 2 applies to assets or liabilities for which there are inputs other than quoted prices included within Level 1 that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.
	●	Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.
	The hierarchy requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The Company has estimated the fair value amounts of its financial instruments using the available market information and valuation methodologies considered to be appropriate and has determined that the carrying value of the Company’s accounts receivable, receivables related to financing services, notes receivable, value added tax receivable, inventories, prepaid expenses, accounts payable, advances to suppliers, bank overdraft, lines of credit related to financing services, short-term borrowings, notes payable to suppliers, accrued expenses, customer deposits, deferred revenue, due to shareholders, due to director, and income tax payable as of December 31, 2013 and 2012 approximate fair value.
	Other Comprehensive Income
	Other comprehensive income consists of other gains and losses affecting shareholders’ equity that, under US GAAP, are excluded from net income. The changes in other comprehensive income of $1,719,488 and $223,954 for the years ended December 31, 2013 and 2012, respectively, are foreign currency translation adjustments.
	Concentrations of Credit Risk
	Financial instruments that potentially expose the Company to concentrations of credit risk consist primarily of cash and cash equivalents, restricted cash, accounts receivable, notes receivable and receivables related to financing services. The Company places its cash and cash equivalents with reputable financial institutions with high credit ratings.
	The Company conducts credit evaluations of customers and generally does not require collateral or other security from customers. The Company establishes an allowance for doubtful accounts primarily based upon the age of the receivables and factors relevant to determining the credit risk of specific customers. The amount of receivables ultimately not collected by the Company has generally been consistent with management's expectations and the allowance established for doubtful accounts.
	Major Customers
	During the year ended December 31, 2103, one customer accounted for 15.0% of the Company’s net revenue.  During the years ended December 31, 2012, one customer accounted for 16.2% of the Company’s net revenue.
	Major Suppliers
	One supplier accounted for 15.6% of the Company’s purchases during the year ended December 31, 2013.  One supplier accounted for 10.7% of the Company’s purchases during the year ended December 31, 2012.
	Cash and Cash Equivalents
	Cash and cash equivalents consist of cash at banks and on hand and highly liquid investments which are unrestricted as to withdrawal or use, and which have remaining maturities of three months or less when purchased. The Company’s deposits in banks located in the PRC are not protected by any insurance and such uninsured amounts totaled $14,997,279 and $8,850,433 as of December 31, 2013 and 2012, respectively.
	Restricted Cash
	The Company is required to maintain certain amounts of cash in its banks to secure certain banks’ letters of credit issued to its customers, certain draws on its lines of credit, short-term borrowings and notes payable to suppliers. Restricted cash to secure these bank lines is not protected by any insurance and such restricted cash totaled $29,665,536 and $27,015,351 as of December 31, 2013 and 2012, respectively.
	Accounts and Notes Receivable
	Accounts and notes receivable are stated at the amount the Company expects to collect. The allowance for doubtful accounts is based on management’s assessment of the collectability of specific customer accounts, the aging of the accounts receivable, historical experience and other currently available evidence. Accounts and notes receivable are charged off against the allowance when collectability is determined to be permanently impaired. As of December 31, 2013 and 2012, the Company had no allowance for doubtful accounts in respect of its accounts receivable; and had no allowance for doubtful accounts in respect of its notes receivable.
	Receivables Related to Financing Services
	The Company records a receivable related to financing services when cash is loaned to the customers to finance their purchases of automobiles. Upon repayments by the customers, the Company records the amounts as reductions of receivables related to financing services.  Receivables related to financing services represent the aggregate outstanding balance of loans from customers related to their purchases of automobiles. The Company charges a fee for providing loan services and such fee is prepaid by the customers. The Company amortizes these fees over the receivable term, which is typically 90 days, using the straight-line method. The Company records such amortized amounts as financing fee income and the unamortized amount is classified as deferred revenue on the Company’s consolidated balance sheets.
	The Company evaluates the collectibility of outstanding receivables at the end of each of the reporting periods and makes estimates for potential credit losses. The Company has not experienced any losses on its receivable related to financing services historically and accordingly did not record any allowance of credit losses as of December 31, 2013 and 2012.
	Inventories
	Inventories consist primarily of the purchase cost of automobiles valued at the lower of cost (first-in, first-out) or market. As of December 31, 2013 and 2012, reserve for obsolescence amounted to $193,379 and $0, respectively.
	Property and Equipment, net
	Property and equipment, net are carried at cost less accumulated depreciation. Depreciation is calculated using the straight-line basis method over the following estimated useful lives:
	Buildings and land use rights	31 years
	Computers	3 to 5 years
	Office equipment, furniture and fixtures	3 to 5 years
	Leasehold improvements	5 years
	Automobiles	5 years
	Long-Lived Assets
	Long-lived assets to be held and used are analyzed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be fully recoverable or that the useful lives of those assets are no longer appropriate. The Company evaluates at each balance sheet date whether events and circumstances have occurred that indicate possible impairment. If there are indications of impairment, the Company uses future undiscounted cash flows of the related assets or asset grouping over the remaining life in measuring whether the assets are recoverable. In the event such cash flows are not expected to be sufficient to recover the recorded asset values, the assets are written down to their estimated fair value. Long-lived assets to be disposed of are reported at the lower of the carrying amount or fair value of asset less disposal costs. The Company determined that there was no impairment of long-lived assets as of December 31, 2013 and 2012.
	Goodwill
	Goodwill arising from business combinations represents the excess of the purchase price over the estimated fair value of the net assets of the businesses acquired.
	Goodwill is tested annually for impairment, during the fourth quarter of our fiscal year, or more frequently if circumstances indicate the possibility of impairment. Significant judgments required to estimate fair value include estimating future cash flows, and determining appropriate discount rates, growth rates and other assumptions. Changes in these estimates and assumptions could materially affect the determination of fair value which could trigger impairment.
	In evaluating goodwill for impairment using the two-step test to identify any potential impairment and to measure any amount of impairment, the first step is based upon a comparison of the fair value of each of the Company’s reporting units and the carrying value of the reporting unit’s net assets, including goodwill. If the fair value of the reporting unit exceeds its carrying value, goodwill is considered not to be impaired; otherwise, step two is required. Under step two, the implied fair value of goodwill, calculated as the difference between the fair value of the reporting unit and the fair value of the reporting unit’s net assets, is compared with the carrying value of the goodwill. The excess of the carrying value of goodwill over the implied fair value represents the amount impaired.
	The Company uses a combination of valuation techniques, primarily using discounted cash flows to determine the fair values of its reporting units and market based multiples as supporting evidence. The variables and assumptions used, all of which are level 3 fair value inputs, including the projections of future revenues and expenses, working capital, terminal values, discount rates and long term growth rates. The market multiples observed in sale transactions are determined separately for each reporting unit are based on the weighted average cost of capital determined for each of the Company’s reporting units. In addition we make certain judgments about the selection of comparable companies used in determining market multiples in valuing our reporting units, as well as certain assumptions to allocate shared assets and liabilities to calculate values for each of our reporting units. The underlying assumptions used are based on historical actual experience and future expectations that are consistent with those used in the Company’s strategic plan. The Company compares the fair value of each of its reporting units to their respective carrying values, including related goodwill. We also compare our book value and the estimates of fair value of the reporting units to our market capitalization as of and at dates near the annual testing date. Management uses this comparison as additional evidence of the fair value of the Company, as our market capitalization may be suppressed by other factors such as the control premium associated with a controlling shareholder, our leverage or general expectations regarding future operating results and cash flows. In situations where the implied value of the Company under the Income or Market Approach is significantly different than our market capitalization, we re-evaluate and adjust, if necessary, the assumptions underlying our Income and Market Approach models. Our estimates of the fair values of these reporting units, and the related goodwill, could change over time based on a variety of factors, including the aggregate market value of the Company’s common stock, actual operating performance of the underlying businesses or the impact of future events on the cost of capital and the related discount rates used.
	In the fourth quarter of 2012, the Company revised its business plan and downsized Goodcar’s operations.  The Company reviewed Goodcar’s advertising operations and decided to cease such operations to generate advertising revenue.  The Company evaluated the projected revenue and profit and costs involved to operate Goodcar’s advertising operations and concluded that it would be in the Company’s best interest to cease its operations in order for it to better focus on its core business in automobile sales, automobile value added services and financing services.  The Company continues to operate Goodcar’s website to promote our products and services in other segments, including automobile sales, automobile valued added services and financing services.  Due to the closing of Goodcar’s advertising operations, the Company recorded an impairment charge of $3,735,091 related to the goodwill acquired in the acquisition of Goodcar.
	In November 2013, the Company recorded goodwill in the amount of $20,107,700 as a result of the Zhonghe acquisition.  As of December 31, 2013, no indication of goodwill impairment existed.
	Intangible Assets
	As of December 31, 2013, intangible assets consist of customer relations arose from the acquisition of Zhonghe.  Amortization is calculated using the straight-line method over five years.  Intangible assets are carried at cost less accumulated amortization.
	During the fourth quarter of 2012, the Company recorded impairment charge of $926,110 (net of deferred taxes of $314,094) related to intangible assets acquired in the acquisition of Goodcar.
	Noncontrolling Interests
	Noncontrolling interests represent the noncontrolling interest stockholders’ proportionate share of the equity of Hengjia, Zhengji and Ganghui. The noncontrolling interests in 2013 and 2012 are summarized as below:
			As of December 31,
			2013			2012
	Hengjia			2	%		2	%
	Ganghui			2	%		2	%
Zhengji			2	%		2	%
The noncontrolling interests in Hengjia, Zhengji and Ganghui that are not owned by the Company are shown as “noncontrolling interests” in the consolidated balance sheets as of December 31, 2013 and 2012 and “net income attributable to noncontrolling interests” in the consolidated statements of income for the years ended December 31, 2013 and 2012.
Long Term Investment
Investee companies that are not consolidated, but over which the Company exercises significant influence, are accounted for under the equity method of accounting. Whether or not the Company exercises significant influence with respect to an Investee depends on an evaluation of several factors including, among others, representation on the Investee company’s board of directors and ownership level, which is generally a 20% to 50% interest in the voting securities of the Investee company. Under the equity method of accounting, an Investee company’s accounts are not reflected within the Company’s consolidated balance sheets and statements of operations; however, the Company’s share of the earnings or losses of the investee company is reflected in the caption ‘‘equity loss—share of investee company losses’’ in the consolidated statements of income. The Company’s carrying value in an equity method investee company is reflected in the caption ‘‘ownership interests in investee company’’ in the Company’s consolidated balance sheets.
When the Company’s carrying value in an equity method Investee company is reduced to zero, no further losses are recorded in the Company’s consolidated financial statements unless the Company guaranteed obligations of the Investee company or has committed additional funding. When the investee company subsequently reports income, the Company will not record its share of such income until it equals the amount of its share of losses not previously recognized.
Deferred Revenue
Deferred revenue includes amounts received from customers for which services revenue recognition is not yet appropriate. All deferred revenue is anticipated to be recognized within the next 12 months from the balance sheet dates.
Revenue Recognition
The Company’s main source of income was generated through (1) sales of automobiles, (2) service fees for assisting customers to get bank financing on purchases of automobiles, (3) web-based advertising service fees, including fees from (i) displaying graphical advertisements on the Company websites and (ii) web-based listing services that allow customers to place automobile related information on the Company’s websites, (4) automobile value added services, (5) airport auto mall automotive services, and (6) auto mall management services. The financing services are provided to customers on automobiles not sold by the Company. The Company recognizes revenue when there is persuasive evidence of an arrangement, delivery has occurred upon shipment or services have been rendered, the seller’s price to the buyer is fixed or determinable, and collectibility is reasonably assured.
The Company recognizes the sales of automobiles upon delivery and acceptance by the customers and where collectibility is reasonably assured.
Service revenue related to financing services is recognized ratably over the financing period.
Service fees for graphical advertisements on the Company’s websites are charged on a fixed fee basis. The Company recognizes the advertising revenue when the service is performed over the service term. The Company charges a monthly fee for listing services and recognizes the revenue when services are performed. The Company offers sales incentives to its customers in the form of (i) subscription exemption; (ii) discounted prices and (iii) free advertisements. The Company classifies sales incentives as a reduction of net revenues. Revenues, net of discounts and allowances, are recognized ratably over the service periods.
The Company recognizes revenue from automobile value added services when such services are performed.
Airport auto mall automotive services include (i) the rental of the Airport International Auto Mall, and (ii) equity income (loss) derived from Car King Tianjin.  Rental income from the Airport International Auto Mall is recognized based on the monthly rent agreed upon with our tenants.  The equity income (loss) derived from Car King Tianjin is recognized based on the Company’s ownership share in Car King Tianjin’s net income (loss).
Value Added Taxes represent amounts collected on behalf of specific regulatory agencies that require remittance by a specified date. These amounts are collected at the time of sale and are detailed on invoices provided to customers. The Company accounts for value added taxes on a net basis. The Company recorded and paid business taxes based on a percentage of the net service revenues and reported the service revenue net of the business taxes and other sales related taxes.
Cost of Revenue
Cost of revenue includes the purchase cost of the automobiles, inventory obsolescence, freight-in and all the direct costs related to the sales of the automobiles. All costs related to the Company’s distribution network are included in the cost of revenue.
Operating Expenses
Selling and marketing expenses include salaries and employee benefits, rent, advertising, travel and entertainment and insurance.
General and administrative expenses include management and office salaries and employee benefits, depreciation for office facilities, office equipment and automobiles, travel and entertainment, insurance, legal and accounting, consulting fees, workers’ compensation insurance, and other office expenses.
Advertising
The Company expenses advertising costs when incurred. The Company incurred approximately $35,000 and $14,000 of advertising expenses for the years ended December 31, 2013 and 2012, respectively. Advertising expense is included in the caption “Selling and Marketing” within operating expenses on the consolidated statements of income.
Income taxes
Deferred income taxes are recognized for temporary differences between the tax basis of assets and liabilities and their reported amounts in the consolidated financial statements, net operating loss carry forwards and credits, by applying enacted statutory tax rates applicable to future years. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Current income taxes are provided for in accordance with the laws of the relevant taxing authorities.
The Company recognizes tax benefits that satisfy a greater than 50% probability threshold and provides for the estimated impact of interest and penalties for such tax benefits.  The Company did not incur any interest or penalties related to potential underpaid income tax expenses during the years ended December 31, 2013 and 2012.
Basic and Diluted Earnings Per Share
Basic earnings per common share is computed by dividing net earnings available to common stockholders by the weighted average number of common shares outstanding. Diluted earnings per common share is computed similarly to basic earnings per common share, except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive.  As of December 31, 2013 and 2012, the Company did not have any common stock equivalents, therefore, the basic earnings per share is the same as the diluted earnings per share.
New Accounting Standards
The Company is not aware of any recent issued accounting pronouncements that when adopted will have a material effect on the Company’s financial position, results of operations or cash flows.

Business_Combination

Business Combination	12 Months Ended
	Dec. 31, 2013
Business Combination [Abstract]	'
Business Combination	'
	(3)           Business Combination
	On November 30, 2013, Shisheng signed the Auto Mall Acquisition Agreement with Hezhong to purchase 100% of the equity of Zhonghe, which owns and operates the Airport International Auto Mall.
	Under the terms of the Auto Mall Acquisition Agreement, Shisheng will pay RMB 559,768,000 (approximately $91.4 million) to Hezhong, in four annual installments with an annualized rate of interest of 6%. The initial payment of RMB 240,000,000 (approximately $39.2 million) was paid within 5 business days after the signing of the Agreement.  Upon the payment by Shisheng of this first installment, Hezhong transferred control of Zhonghe to Shisheng.  Failure by Shisheng to pay the remaining installments may result in the termination of the Auto Mall Acquisition Agreement, as well as a penalty of 10% of the total transfer price.
	The following table summarizes the amounts of the identified assets acquired and liabilities assumed recognized at the acquisition date, November 30, 2013:
	20,107,700
	Cash and cash equivalent	$	194,445
	Restricted cash		1,469,124
	Receivable from former shareholder		7,098,374
	Inventories		1,416,386
	Advances to suppliers		3,239,908
	Value added tax receivable		240,786
	Other current assets		1,787
	Property, plant and equipment		72,640,016
	Ownership interest in Car King Tianjin		652,944
	Customer relations		555,002
	Goodwill
	Accounts payable and accrued expenses		(10,304	)
	Notes payable to suppliers		(4,897,080	)
	Customer deposits		(9,925	)
	Deferred revenue		(5,805	)
	Deferred taxes		(11,448,664	)
	Purchase price	$	91,374,283
	Cash to be remitted upon closing	$	39,176,638
	Debt payment installments		52,197,645
	Total	$	91,374,283
	Acquisition related costs totaled $1,091,594 were included in general and administrative expenses during the year ended December 31, 2013.   Acquisition related costs included $986,000 related to the issuance of 340,000 shares of the Company’s common stock to two consultants for services directly related to this acquisition.  The value of these shares was determined based on the closing market price of the Company’s common stock on the acquisition date.
	Substantial portion of the purchase price was related to the acquisition of the Airport International Auto Mall which was valued at $72,640,016.  Apart from the other identified net assets in the amount of $10,075,231 and deferred tax liabilities related to the book and tax basis differences on the real estate and intangible assets in the amount of $11,448,664, the excess of purchase price over the identified assets and liabilities was allocated to the goodwill in the amount of $20,107,700.  The Company believed the goodwill valuation represented (i) expected appreciation in the valuation of Airport International Auto Mall property, (ii) expected synergies and economies of scale from integration of the Company’s business with Zhonghe and newly formed Car King Tianjin in the used car business, (iii) expectation that owning the Airport International Auto Mall will create other business opportunities in the future and will provide more resources to capture these potential opportunities, (iv) defensive strategy to prevent our competitors from acquiring the airport international auto mall, (v) Zhonghe’s historical business.  The Company believed that the purchase price paid represented the fair value of the assets acquired.
	The amounts of Zhonghe’ s revenue and net loss included in the Company’s consolidated income statement for the year ended December 31, 2013, and the revenue and net loss of the combined entity had the acquisition date been January 1, 2013, or January 1, 2012, are:
		Revenue			Net Loss
					Attributable
					to the Company
	Actual results of Zhonghe from December 1 to December 31, 2013	$	4,281,047		$	(155,317	)
	Supplemental pro forma for the year ended December 31, 2013	$	479,807,952		$	(5,822,120	)
	Supplemental pro forma for the year ended December 31, 2012	$	655,080,618		$	(4,861,937	)

Restricted_Cash

Restricted Cash	12 Months Ended
	Dec. 31, 2013
Restricted Cash [Abstract]	'
Restricted Cash	'
	-4	Restricted Cash
	Restricted cash consists of cash which is not available for use in the Company’s operations and is summarized as follows:
			As of December 31,
			2013		2012
	Collateral for bank’s issuance of letters of credit to the Company’s customers		$	6,630,313	$	4,527,214
	Collateral for borrowings on the lines of credit related to financing services			8,733,869		-
	Collateral for short-term borrowings			3,004,998		16,140,039
	Collateral for notes payable to suppliers			11,296,356		6,348,098
			$	29,665,536	$	27,015,351

Notes_Receivable

Notes Receivable	12 Months Ended
	Dec. 31, 2013
Notes Receivable [Abstract]	'
Notes Receivable	'
	5)	Notes Receivable
	During the year ended December 31, 2012, the Company’s major customer paid for the purchases of the Company’s auto products by issuing notes receivable in an aggregate amount of approximately $1,587,024 (RMB 10,000,000). This note receivable was a short-term promissory note issued by the Bank of Dalian that entitled the Company to receive the full face amount from the bank at maturity, which was three months from the date of issuance in January 2013.  This note was fully collected in January 2013.

Property_and_Equipment_Net

Property and Equipment, Net	12 Months Ended
	Dec. 31, 2013
Property and Equipment Net [Abstract]	'
Property and Equipment, Net	'
	-6	Property and Equipment, Net
	A summary of property and equipment is as follows:
			As of December 31,
			2013		2012
	Buildings and land use rights		$	72,826,656	$	-
	Computers			217,717		126,474
	Office equipment, furniture and fixtures			109,898		75,286
	Leasehold improvements			34,368		33,328
	Automobiles			1,117,383		1,058,949
				74,306,022		1,294,037
	Less: Accumulated depreciation and amortization			1,328,037		979,911
			$	72,977,985	$	314,126
	Depreciation and amortization expense for property and equipment amounted to $304,859 and $162,420 for the years ended December 31, 2013 and 2012, respectively.

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2013
Goodwill/Intangible Assets, Net [Abstract]	'
Goodwill	'
	-7	Goodwill
	The changes in the carrying amount of goodwill for the years ended December 31, 2013 and 2012 are as follows:
			Reporting Segments
			Sales of		Airport Auto		Total
			Automobiles		Mall
					Automotive
					Services
	Balance as of January 1, 2013		$	-	$	-	$	-
	Acquisition of Zhonghe			4,021,540		16,086,160		20,107,700
	Translation adjustment			10,333		41,332		51,665
	Balance as of December 31, 2013		$	4,031,873	$	16,127,492	$	20,159,365
	During the year ended December 31, 2013, the Company acquired Zhonghe.  We recorded a total of $20,107,700 goodwill related to this acquisition.  The Company allocated 80% of the goodwill to Sales of Automobiles segment and 20% of the goodwill to Airport Auto Mall Automotive Services based on the Company’s estimated expected present value of future cash flows for each of these segments.
	During the fourth quarter of 2012, the Company revised its business plan and downsized Goodcar’s operations.  The Company reviewed Goodcar’s advertising operations and decided to cease such operations to generate advertising revenue.  The Company evaluated the projected revenue and profit and costs involved to operate Goodcar’s advertising operations and concluded that it would be in the Company’s best interest to cease its operations in order for it to better focus on its core business in automobile sales, automobile value added services and financing services.  The Company continues to operate Goodcar’s website to promote our products and services in other segments, including automobile sales, automobile valued added services and financing services.  Due to the closing of Goodcar’s advertising operations, the Company recorded an impairment charge of $3,735,091 related to the goodwill acquired in the acquisition of Goodcar.

Intangible_Assets_Net

Intangible Assets, Net	12 Months Ended
	Dec. 31, 2013
Goodwill/Intangible Assets, Net [Abstract]	'
Intangible Assets, Net	'
	-8	Intangible Assets, Net
	The Company’s customer relations acquired in connection with Zhonghe on November 30, 2013.  As of December 31, 2013, the customer relations is summarized as follows:
					As of December 31, 2013
			Life		Cost		Foreign		Less:		Less:		Net Carrying
							currency		Accumulated		Accumulated		Amount
							translation		Impairment		Amortization
							adjustments
	Intangible assets subject to amortization -
	Customer relations		5 years		$	555,002		1,426		-		-9,273		547,155
	During the fourth quarter of 2012, the Company recorded an impairment charge of $926,110 (net of deferred taxes of $314,094) related to intangible assets acquired in the acquisition of Goodcar.
	Amortization expense for intangible assets was $9,267 and $179,063 for the year ended December 31, 2013 and 2012, respectively.
	Estimated amortization of the intangible assets for the five succeeding years follows:
	2014		$	111,286
	2015			111,286
	2016			111,286
	2017			111,286
	2018			102,011
			$	547,155

Equity_Investment_in_Car_King_

Equity Investment in Car King Tianjin	12 Months Ended
	Dec. 31, 2013
Equity Investment in Car King Tianjin [Abstract]	'
Equity Investment in Car King Tianjin	'
	-9	Equity Investment in Car King Tianjin
	On November 22, 2013, Zhonghe entered into a Cooperation Framework Agreement with Car King China with respect to the establishment of a joint venture to own and operate a used car business. The establishment of this joint venture was contingent upon the successful completion by the Company of the acquisition of Zhonghe which owns the Airport International Auto Mall, where the used car business will be operated.   Upon the acquisition of Zhonghe on November 30, 2013, the joint venture was established in accordance with the terms of the Cooperation Framework Agreement.  Pursuant to the terms of the Articles of Association of Car King Tianjin, Zhonghe and Car King China will make capital contributions totaling RMB 8,000,000 and RMB 12,000,000, respectively, to Car King Tianjin, which will have total registered capital of RMB 20,000,000. Prior to being acquired by the Company, Zhonghe made an initial capital contribution of RMB 4,000,000 to Car King Tianjin in November 2013.  The Company is entitled to 40% of Car King Tianjin’s net profit or loss. As of December 31, 2013, the Company’s equity investment balance in Car King Tianjin was $577,904.
	The Company’s investments in Car King Tianjin are accounted for using the equity method of accounting.  The results of operations and financial position of the Company’s equity basis investments are summarized below:
	Condensed income statement information:		Year Ended
			31-Dec
			2013
	Net sales		$	-
	Gross profit			-
	Net loss			-191,651
	Company’s equity in net loss of investee		$	-76,660
	Condensed balance sheet information:		As of
			31-Dec
			2013
	Current assets		$	1,554,709
	Non current assets			31,244
	Total assets		$	1,585,953
	Current liabilities		$	141,193
	Equity			1,444,760
	Current liabilities and equity		$	1,585,953

Lines_of_Credit_Related_to_Fin

Lines of Credit Related to Financing Services	12 Months Ended
	Dec. 31, 2013
Lines of Credit Related to Financing Services [Abstract]	'
Lines of Credit Related to Financing Services	'
	-10	Lines of Credit Related to Financing Services
	The Company provides financing services to its customers using the Company’s bank facility lines of credit. The Company earns a service fee for drawing its facility lines related to its customers’ purchases of automobiles and payment of import taxes. Customers bear all the interest and fees charged by the banks and prepay those fees upon the execution of their service contracts with the Company. Customers are also required to make a deposit in the range of 10% to 15% of the purchase price of the automobiles. If customers default on payment, the banks take custody of the automobiles until the borrowings are fully repaid.
	Interest charged by the banks for draws on these facility lines of credit is classified as cost of revenue in the consolidated statements of income. Interest expense related to these lines of credit was $2,537,905 and $3,374,466 for the years ended December 31, 2013 and 2012, respectively.
	A summary of the Company’s line of credit related to financing services follows:
	China Merchants Bank
	In June 2012, the Company entered into a facility line of credit agreement with China Merchants Bank. Under the terms of the agreement, the Company could borrow a maximum amount of $13,092,433 (RMB 80,000,000). The borrowings under the facility line of credit bear interest at rates to be determined upon drawing. During the year ended December 31, 2013, the interest is charged at rates ranging between 1.80% and 5.19% per annum and is repayable within 3 months from the dates of drawing. As of December 31, 2013 and 2012, the Company had an outstanding balance of $3,930,068 and $10,542,205, respectively, under the facility line of credit. The facility line of credit is guaranteed by Ms. Cheng Weihong, a Director and Senior Vice President of the Company, and a non-related entity which is a supplier of the Company, and matured in June 2013 and was renewed for one year through June 2014 with substantially the same terms.
	Agricultural Bank of China
	In September 2012, the Company entered into a facility line of credit agreement with Agricultural Bank of China. Under the terms of the agreement, the Company could borrow a maximum amount of $85,100,812 (RMB 520,000,000). The facility line of credit is guaranteed by five non-related entities, which are customers, suppliers or both, and one of which is a major customer.   During the year ended December 31, 2013, the borrowings under this facility line of credit bore interest at rates ranging from 3.79% to 5.19% per annum and were repayable on the due dates which were determined prior to each draw. As of December 31, 2013 and December 31, 2012, the Company had outstanding balances of $0 and $40,085,271, respectively, under this facility line of credit.
	In September 2013, the Company entered into a facility line of credit agreement with Agricultural Bank of China. Under the terms of the agreement, the Company could borrow a maximum amount of $85,100,812 (RMB 520,000,000). The facility line of credit is guaranteed by five non-related entities, which are customers, suppliers or both, and one of which is a major customer.  During the year ended December 31, 2013, the borrowings under this facility line of credit bore interest at rates ranging from 4.06% to 5.89% per annum and were repayable on the due dates which were determined prior to each draw. As of December 31, 2013 and December 31, 2012, the Company had outstanding balances of $55,298,731 and $0, respectively, under this facility line of credit.  The outstanding balance was secured by the amount of $8,733,869 and $0 deposited to the bank, which is presented as restricted cash on the consolidated balance sheets as of December 31, 2013 and December 31, 2012.
	PuDong Development Bank
	In December 2012, the Company entered into a facility line of credit agreement with PuDong Development Bank. Under the terms of the agreement, the Company could borrow a maximum amount of $16,365,541 (RMB 100,000,000). During the year ended December 31, 2013, the borrowings under this facility line of credit bore interest at rates ranging from 4.24% to 4.30% per annum. As of December 31, 2013 and December 31, 2012, the Company there were no outstanding balances under the facility line of credit. The facility line of credit was guaranteed by Ms. Cheng Weihong, a Director and Senior Vice President of the Company, and a non-related entity, which is also a supplier and a customer of the Company, and matured in December 2013.
	In December 2013, the Company entered into a facility line of credit agreement with PuDong Development Bank. Under the terms of the agreement, the Company could borrow a maximum amount of $19,638,649 (RMB 120,000,000). During the year ended December 31, 2013, the borrowings under this facility line of credit bore interest at rates ranging from 4.24% to 4.25% per annum. As of December 31, 2013 and December 31, 2012, the Company had outstanding balances of $553,865 and $0, respectively, under the facility line of credit. The facility line of credit was guaranteed by Ms. Cheng Weihong, a Director and Senior Vice President of the Company, and a non-related entity, which is a supplier of the Company, and matures in December 2014.
	China Zheshang Bank
	In September 2012, the Company entered into a facility line of credit agreement with China Zheshang Bank.  Under the terms of the agreement, the Company could borrow a maximum amount of $24,548,311 (RMB 150,000,000). This facility line of credit is guaranteed by Mr. Tong Shiping, the Company’s Chairman, President and CEO, Ms. Cheng Weihong, a Director and Senior Vice President of the Company, and two unrelated parties which are also customers (including one major customer) of the Company, and matured in September 2013.
	In September 2013, the Company entered into a facility line of credit agreement with China Zheshang Bank.  Under the terms of the agreement, the Company could borrow a maximum amount of $24,548,311 (RMB 150,000,000). This facility line of credit is guaranteed by (i) Mr. Tong Shiping, the Company’s Chairman, President and CEO, (ii) Ms. Cheng Weihong, a Director and Senior Vice President of the Company, (iii) Tianjin Binhai International Automall Ltd. Co., a customer, (iv) Zhonghe, the Company’s subsidiary, and (v) Hezhong (Tianjin) International Development Ltd. Co., the former owner of Zhonghe,.  This facility matures in September 2014.
	The borrowings under this facility line of credit bear interest at a rate of 5.00% per annum and are repayable within 3 months from the dates of drawing. As of December 31, 2013 and December 31, 2012, the Company had outstanding balances of $6,390,648 and $900,542, respectively, under this facility line of credit.

Short_Term_Borrowings

Short Term Borrowings	12 Months Ended
	Dec. 31, 2013
Short Term Borrowings [Abstract]	'
Short Term Borrowings	'
	-11	Short Term Borrowings
	Agricultural Bank of China
	The Company entered into a term loan agreement with Agricultural Bank of China to obtain short term financing which is settled in US dollars.  The outstanding balance totaled $3,002,182 and $0 of short term foreign currency borrowings with Agricultural Bank of China as of December 31, 2013 and December, 31, 2012. These short term foreign currency borrowings bear interest at rates ranging between 1.73% and 3.34% per annum, mature within six months from the dates of borrowing and are secured by the amount of $3,002,182 (RMB 18,344,534) and $0 deposited to the bank, which is presented as restricted cash on the consolidated balance sheets as of December 31, 2013 and December 31, 2012.
	In March, April, June, July, September and October 2012, the Company entered into twelve short term financing agreements with Agricultural Bank of China (“ABC”) for a period of six months. Four of the agreements expired and outstanding amounts were repaid during the year ended December 31, 2012.  The total outstanding balance of these agreements was $16,608,604 as of December 31, 2012. Under the terms of the agreements, ABC advanced $16,608,404 to the Company and as conditions of these financing agreements, the Company is required to pledge its notes receivable in the aggregate amount of $1,587,024 (RMB 10,000,000) as guarantees. In addition, the Company is required to maintain a bank deposit of $16,140,039 (RMB 101,700,000) which is classified as restricted cash in the consolidated balance sheet as of December 31, 2012. Based on the preliminary estimates of the bank, these financing loans carry interest at a rate equal to the LIBOR plus a rate between 0.3% and 2.6% (a rate range between 0.92% and 3.33% at December 31, 2012).  Upon the repayment dates of these draws, the Company will make final interest payments which could result in the effective interest rate paid to differ from the estimated interest rates provided by the bank prior to the draws. These draws are repayable on various dates between January 2013 and April 2013.
	China Zheshang Bank
	In August 2013 and September 2013, the Company entered into four loan agreements with China Zheshang Bank. Under the terms of the agreements, the Company borrowed an aggregate amount of $3,243,615 (RMB 19,904,114). The borrowings under these loan agreements bear interest at a rate of 5.6% for a borrowing period of six months and are guaranteed by Mr. Tong Shiping, the Company’s Chairman, President and CEO, Ms. Cheng Weihong, a Director and Senior Vice President of the Company, a personal friend of Mr. Tong Shiping, and two unrelated parities, which are also customers (including one major customer) of the Company. The total outstanding balance of these agreements was $3,257,416 as of December 31, 2013.
	In September 2012, the Company entered into four loan agreements with China Zheshang Bank. Under the terms of the agreements, the Company borrowed an aggregate loan amount of $3,064,524 (RMB 19,309,874). The borrowings under these loan agreements bears interest at a rate of 5.6% for a borrowing period of six months and are guaranteed by Mr. Tong Shiping, Ms. Cheng Weihong, a personal friend of Mr. Tong Shiping, and two unrelated parities, which are also customers (including one major customer) of the Company. Total outstanding balance of these agreements was $3,064,524 as of December 31, 2012.

Notes_Payable_to_Suppliers

Notes Payable to Suppliers	12 Months Ended
	Dec. 31, 2013
Notes Payable to Suppliers [Abstract]	'
Notes Payable to Suppliers	'
	-12	Notes Payable to Suppliers
	The Company issued certain notes payable to suppliers, which are guaranteed by the banks. The terms of these notes payable vary depending on the negotiations with the suppliers. Typical terms are in the range of three to six months.  Prior to the expiration dates of the notes, the note holders can present these notes to the banks to draw on the note amounts, if the Company does not settle the outstanding payable to these suppliers. The Company is subject to a bank fee of 0.05% on notes payable amounts.
	As of December 31, 2013 and December 31, 2012, the Company had outstanding notes payable to suppliers in an aggregate amount of $13,092,433 (RMB 80,000,000) and $12,696,196 (RMB 80,000,000), respectively, of which Bank of Jinzhou will guarantee payments to suppliers within the term of these notes for a period of six months. The Company was required to maintain 50% of the notes amounts, or $6,550,349 and $6,348,098 as guaranteed funds, which was classified as restricted cash as of December 31, 2013 and December 31, 2012, respectively.
	As of December 31, 2013, the Company had outstanding notes payable to suppliers in an aggregate amount of $3,273,108 (RMB 20,000,000), respectively, of which China Zheshang Bank will guarantee payments to suppliers within the term of these notes for a period of six months. The Company was required to maintain 100% of the notes amounts, or $3,273,108 (RMB 20,000,000) as guaranteed funds, which was classified as restricted cash as of December 31, 2013, respectively.
	As of December 31, 2013, the Company had outstanding notes payable to suppliers in an aggregate amount of $4,909,662 (RMB 30,000,000), respectively, of which Agricultural Bank of China will guarantee payments to suppliers within the term of these notes for a period of six months. The Company was required to maintain 30% of the notes amounts, or $1,472,899 (RMB 10,000,000) as guaranteed funds, which was classified as restricted cash as of December 31, 2013, respectively.
	The purpose of this arrangement is to provide additional time for the Company to remit payments while the suppliers do not bear any credit risk since the suppliers’ payments are guaranteed by the banks.

Long_Term_Debt

Long Term Debt	12 Months Ended
	Dec. 31, 2013
Long Term Debt [Abstract]	'
Long term debt	'
	-13	Long term debt
	The Company has an outstanding debt due to the seller of Zhonghe, which was acquired by the Company on November 30, 2013.   The debt carries an interest at a rate of 6% per annum.  The debt is due in three installment payments of approximately $19.6 million (RMB120,000,000) each including interest and is secured by the real estate property where the Airport International Auto Mall is located.
	Summary of this debt follows:
	Outstanding debt balance		$	51,012,804
	Less current portion			(15,706,581	)
	Outstanding debt balance less current portion		$	35,306,223
	Future maturities of long-term debt, net of discount, are as follows:
	2014		$	15,706,581
	2015			16,978,146
	2016			18,328,077
			$	51,012,804

Income_Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2013
Income Taxes [Abstract]	'
Income Taxes	'
	-14	Income Taxes
	China Auto and HKCo do not generate any income and therefore are not subject to US or Hong Kong income taxes. The Company conducts substantially all of its business through its PRC operating subsidiaries and they are subject to PRC income taxes. The Company’s subsidiaries in the PRC are subject to the standard 25% tax rate in 2013 and 2012.
	The Company’s income tax provision amounted to $1,634,518 and $1,596,179, respectively, for the years ended December 31, 2013 and 2012 (an effective rate of 75.98% and 38.22% in 2013 and 2012, respectively). A reconciliation of the provision for income taxes, with amounts determined by applying the statutory US federal income tax rate to income before income taxes, is as follows:
			Year ended December 31,
			2013			2012
	Computed tax at US federal statutory rate of 34%		$	731,583		$	1,420,079
	Permanent differences:
	Meals and entertainment (non-deductible portion)			29,581			44,114
	Legal and professional fees (non-deductible portion)			226,520			226,569
	Stock issuance in conjunction with Zhonghe acquisition			335,240			-
	Gain on forgiveness of loan payable to Qizhong			545,396			-
	Impairment of goodwill and intangible assets (non-deductible portion)			-			451,400
	Tax rate difference between US and PRC on foreign earnings			(342,306	)		(375,903	)
	Loss of Qizhong and its subsidiaries not deducted by other consolidation group entities as separated tax returns were filed			-			342,330
	Change in valuation allowance			155,190			(443,726	)
	Other			(46,686	)		(68,684	)
			$	1,634,518		$	1,596,179
	Details of income taxes		Year ended December 31,
			2013			2012
	Current
	US Federal		$	-		$	-
	PRC			1,779,224			2,310,079
	Total current			1,779,224			2,310,079
	Deferred
	US Federal			-			-
	PRC			(144,706	)		(713,900	)
	Total deferral			(144,706	)		(713,900	)
	Total income taxes		$	1,634,518		$	1,596,179
			As of December 31,
			2013			2012
	Details of deferred taxes
	Deferred tax assets:
	Impairment loss carryforwards		$	-		$	714,161
	Net operating losses carryforwards			155,190			-
	Inventory reserve			48,345			-
				203,535			714,161
	Valuation allowance			(155,190	)		-
	Total deferred tax asset			48,345			714,161
	Deferred tax liability:
	Debt discount			1,580,616			-
	Excess of book basis over tax basis – Airport International Auto Mall property			11,308,850			-
	Intangible asset			136,789			-
	Total deferred tax liability			13,026,255			-
	Net deferred tax liability		$	12,977,910		$	-
	Classification on consolidated balance sheets
	Deferred tax assets
	-     Current		$	48,345		$	714,161
	Deferred tax liability
	-     Current		$	786,413		$	-
	-     Non-current			12,239,842			-
	Total deferred tax liabilities		$	13,026,255		$	-
	In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible or are utilized. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. Based upon an assessment of the level of historical taxable income and projections for future taxable income over the periods in which the deferred tax assets are tested whether they are deductible or can be utilized, management believes that the deferred tax assets amounting to $155,190 and $0 as of December 31, 2013 and 2012, respectively, are not more likely than not to be realized.  Accordingly the Company provided a valuation allowance amounting to $155,190 and $0 against the deferred tax assets as of December 31, 2013 and 2012, respectively. As of December 31, 2013, the Company had unused net operating loss carryforward from its PRC subsidiaries in the amount of approximately $615,000 which may be applied against future taxable income and begins to expire after the year 2018.
	The Company has not provided deferred taxes on unremitted earnings attributable to its international subsidiaries as they are to be reinvested indefinitely. These earnings relate to ongoing operations and are approximately $32.6 million as of December 31, 2013. Because of the availability of US foreign tax credits, it is not practicable to determine the US income tax liability that would be payable if such earnings were not indefinitely reinvested.
	The Company is subject to income taxes in the PRC. Tax regulations are subject to the interpretation of the related tax laws and regulations and require significant judgment to apply. All tax positions taken, or expected to be taken, continue to be more likely than not ultimately settled at the full amount claimed. The Company’s tax filings are subject to the PRC tax bureau’s examination for a period up to 5 years. The Company is not currently under any examination by the PRC tax bureau

Retained_Earnings

Retained Earnings	12 Months Ended
	Dec. 31, 2013
Retained Earnings [Abstract]	'
Retained Earnings	'
	-15	Retained Earnings
	According to the Law of the PRC on Enterprises with Wholly-Owned Foreign Investment, the Company PRC’s subsidiaries are required to make appropriations from after-tax profits as determined under accounting principles generally accepted in the PRC (“PRC GAAP”) to non-distributable reserves. These reserve funds include one or more of the following: (i) a general reserve, (ii) an enterprise expansion reserve and (iii) a staff bonus and welfare fund. A wholly-owned PRC subsidiary is not required to make appropriations to the enterprise expansion reserve but annual appropriations to the general reserve are required to be made at 10% of the profit after tax as determined under PRC GAAP at each year-end, until such fund has reached 50% of its respective registered capital. The staff welfare and bonus reserve is determined by the board of directors. The general reserve is used to offset future losses. The subsidiary may, upon a resolution passed by the stockholders, convert the general reserve into capital. The staff welfare and bonus reserve are used for the collective welfare of the employees of the subsidiary. The enterprise expansion reserve is for the expansion of the subsidiary operations and can be converted to capital subject to approval by the relevant authorities. These reserves represent appropriations of the retained earnings determined in accordance with Chinese law.
	In addition to the general reserve, the Company’s PRC subsidiaries are required to obtain approval from the local PRC government prior to distributing any registered share capital. Accordingly, both the appropriations to general reserve and the registered share capital of the Company’s PRC subsidiary are considered as restricted net assets and are not distributable as cash dividends. As of December 31, 2013 and December 31, 2012, the Company’s statutory reserve fund was approximately $3,790,000 and $3,559,000, respectively.

Related_Party_Balances_and_Tra

Related Party Balances and Transactions	12 Months Ended
	Dec. 31, 2013
Related Party Balances and Transactions [Abstract]	'
Related Party Balances and Transactions	'
	-16	Related Party Balances and Transactions
	Ms. Cheng Weihong (the Senior Vice President and Chairwoman of Shisheng and wife of China Auto’s President and Chief Executive Officer, Mr. Tong Shiping) made non-interest bearing loans to the Company from time to time to meet working capital needs of the Company. For the years ended December 31, 2013 and 2012, the Company made aggregate borrowings from Ms. Cheng Weihong of $862,200 and $852,075, respectively, and made repayments of $755,921 and $352,335  to Ms. Cheng Weihong. As of December 31, 2013 and 2012, the outstanding balances due to Ms. Cheng Weihong were $597,393 and $512,023, respectively.
	The Company’s former shareholder, Sino Peace Limited, paid certain accrued expenses in the previous years on behalf of the Company.  The amounts of $2,223,458 and $2,156,166 were outstanding as due to this former shareholder on the consolidated balance sheet as of December 31, 2013 and 2012, respectively
	In connection with the Goodcar acquisition, the Company acquired the balances due to former owners of Qizhong of $1,084,905. Upon completion of the share issuance, these former owners of Qizhong then became shareholders of the Company.  In December 2012, the Company negotiated with these former owners of Qizhong with regard to the outstanding balance of these loans payable.  As a result of the negotiations, these loans were forgiven by these former owners of Qizhong due to the fact that certain key executives left Goodcar after the purchase and Goodcar’s operations had not been performing the way it was expected.   The formers owners were willing to forgive this debt since the actual performance of Qizhong after the acquisition was far below the performance forecast provided to the Company prior to the acquisition.  The Company recorded a gain on debt forgiveness in the amount of $1,139,861 (including outstanding debt balance of $1,084,905 and foreign currency translation adjustment of $54,956) as other income in the consolidated statements of income for the year ended December 31, 2012.
	The balances as discussed above as of December 31, 2013 and 2012 are interest-free, unsecured and have no fixed term of repayment. During the years ended December 31, 2013 and 2012, there was no imputed interest charged in relation to these balances.

Commitments

Commitments	12 Months Ended
	Dec. 31, 2013
Commitments [Abstract]	'
Commitments	'
	-17	Commitments
	The Company leases certain office and marketing premises under non-cancelable leases. These office leases begin to expire in 2013. Rent expenses under operating leases were $122,691 in 2013 and $240,724 in 2012.  The leases expire at various dates through 2014.  In the normal course of business, it is expected that these leases will be renewed or replaced by leases on other properties.
	Future minimum lease payments under non-cancelable operating leases were as follows:
	2014		$	42,909
	Thereafter			-
			$	42,909

Segment_Information

Segment Information	12 Months Ended
	Dec. 31, 2013
Segment Information [Abstract]	'
Segment Information	'
	-18	Segment Information
	The Company has six principal operating segments: (1) sales of automobiles, (2) financing services, (3) web-based advertising, and, (4) automobile value added services, (5) airport auto mall automotive services, and (6) auto mall management services. These operating segments were determined based on the nature of the services offered. Operating segments are defined as components of an enterprise about which separate financial information is available and that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. The Company's chief executive officer and chief operating officer have been identified as the chief operating decision makers. The Company's chief operating decision makers direct the allocation of resources to operating segments based on the profitability and cash flows of each respective segment.
	The Company evaluates performance based on several factors, including net revenue, cost of revenue, operating expenses, and income from operations. The following tables show the operations of the Company's operating segments:
	Year Ended December 31, 2013
							Web-based			Automobile		Airport Auto		Auto Mall
												Mall
			Sales of		Financing		Advertising			Value Added		Automotive		Management
			Automobiles		Services		Services			Services		Services		Service		Corporate			Total
	Net revenue		$	450,143,413	$	6,893,986	$	471,277		$	740,338	$	15,788	$	970,255	$	-		$	459,235,057
	Cost of revenue			449,748,338		2,560,052		38,201			22,150		-		10,675		-			452,379,416
	Operating expenses
	Selling and marketing			43,285		474,832		47,448			78,686		1,730		105,133		-			751,114
	General and administrative			91,478		1,003,500		100,277			166,293		3,656		222,186		1,587,390			3,174,780
	Total operating expenses			134,763		1,478,332		147,725			244,979		5,386		327,319		1,587,390			3,925,894
	Income (loss) from operations		$	260,312	$	2,855,602	$	285,351		$	473,209	$	10,402	$	632,261	$	(1,587,390	)	$	2,929,747
	Year Ended December 31, 2012
							Web-based			Automobile		Airport Auto		Auto Mall
												Mall
			Sales of		Financing		Advertising			Value Added		Automotive		Management
			Automobiles		Services		Services			Services		Services		Service		Corporate			Total
	Net revenue		$	581,292,369	$	7,085,357	$	819,344		$	1,178,274	$	-	$	939,760	$	-		$	591,315,104
	Cost of revenue			576,062,562		3,462,653		282,044			240,017		-		10,442		-			580,057,718
	Operating expenses
	Selling and marketing			454,140		314,584		46,657			81,475		-		80,699		-			977,555
	General and administrative			473,030		327,670		48,598			84,864		-		84,056		1,018,218			2,036,436
	Impairment loss of goodwill and intangible assets			-		-		4,661,201			-		-		-		-			4,661,201
	Total operating expenses			927,170		642,254		4,756,456			166,339		-		164,755		1,018,218			7,675,192
	Income (loss) from operations		$	4,302,637	$	2,980,450	$	(4,219,156	)	$	771,918	$	-	$	764,563	$	(1,018,218	)	$	3,582,194
	Total Assets						Web-based			Automobile		Airport Auto		Auto Mall
												Mall
			Sales of		Financing		Advertising			Value Added		Automotive		Management
			Automobiles		Services		Services			Services		Services		Service		Corporate			Total
	As of December 31, 2013		$	93,650,624	$	96,122,720	$	1,820,264		$	2,815,434	$	65,077,390	$	376,146	$	1,693,047		$	261,555,625
	As of December 31, 2012		$	76,548,467	$	87,555,632	$	213,155		$	568,770	$	-	$	86,065	$	1,223,627		$	166,195,716

Subsequent_Events

Subsequent Events	12 Months Ended
	Dec. 31, 2013
Subsequent Events [Abstract]	'
Subsequent Events	'
	-17	Subsequent Events
	On March 14, 2014, the Company announced that the Cooperation Agreement dated March 1, 2013, by and between the Company and Tianjin Prominent Hero International Logistics Co., Ltd, to manage the International Auto Mall in Tianjin, China, had not been renewed. The Cooperation Agreement expired according to its terms on February 28, 2014.  The revenue and net income (loss) of the Company had the Cooperation Agreement’s termination date been January 1, 2013, or January 1, 2012, are:
			Revenue		Net Income
					(Loss)
					Attributable
					to the
					Company
	Supplemental pro forma for the year ended December 31, 2013		$	458,264,802	$	-195,438
	Supplemental pro forma for the year ended December 31, 2012		$	590,375,344	$	1,870,098

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2013
Summary Of Significant Accounting Policies [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	The consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”).
Reverse Stock Split	'
	Reverse Stock Split
	On October 9, 2012, the Company filed a Certificate of Amendment of its Articles of Incorporation to effect a one-for-six reverse split of the Company’s issued and outstanding shares of common stock, par value $0.001 per share. The Certificate of Amendment was effective upon filing on October 9, 2012. The Company’s stockholders, at a Special Meeting of Stockholders held on September 4, 2012, had previously authorized the Company’s Board of Directors to effect a reverse stock split at a ratio of up to one-for-six to be determined by the Board of Directors. There was no change to the authorized shares of common stock of the Company as a result of the reverse stock split. Any fraction of a share of common stock that would otherwise have resulted from the reverse split was rounded up to the next whole share.  Accordingly, all references to numbers of common shares and per-share data in the accompanying consolidated financial statements and notes have been retroactively adjusted to reflect the effects of the reverse stock split.
Principles of Consolidation	'
	Principles of Consolidation
	The consolidated financial statements include the financial statements of China Auto and its wholly-owned and majority-owned subsidiaries. All inter-company transactions and balances have been eliminated in preparation of the consolidated financial statements.
Use of Estimates	'
	Use of Estimates
	The preparation of consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, revenue and expenses in the consolidated financial statements and accompanying notes. Significant accounting estimates reflected in the Company's consolidated financial statements include the collectibility of accounts receivable, the useful lives and impairment of property and equipment, goodwill and intangible assets, the valuation of deferred tax assets and inventories and the provisions for income taxes. Actual results could differ from those estimates.
Currency Reporting	'
	Currency Reporting
	Amounts reported in the consolidated financial statements are stated in US Dollars, unless stated otherwise. Our functional currency is the Renminbi (“RMB”). Foreign currency transactions (outside the PRC) are translated into RMB according to the prevailing exchange rate at the transaction dates. Assets and liabilities denominated in foreign currencies at the balance sheet dates are translated into RMB at period-end exchange rates. For the purpose of preparing the consolidated financial statements, the consolidated balance sheets of our Company have been translated into US dollars at the current rates as of the end of the respective periods and the consolidated statements of income have been translated into US dollars at the weighted average rates during the periods the transactions were recognized. The resulting translation gain adjustments are recorded as other comprehensive income in the consolidated statements of comprehensive income and as a separate component of the consolidated statements of shareholders’ equity.
Fair Value Disclosures of Financial Instruments	'
	Fair Value Disclosures of Financial Instruments
	Fair value is defined as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required or permitted to be recorded at fair value, the Company considers the principal or most advantageous market in which it would transact its business, and it considers assumptions that market participants would use when pricing the asset or liability.
	As a basis for considering such assumptions, a three-tier fair value hierarchy prioritizes the inputs utilized in measuring fair value as follows:
	●	Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.
	●	Level 2 applies to assets or liabilities for which there are inputs other than quoted prices included within Level 1 that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.
	●	Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.
	The hierarchy requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The Company has estimated the fair value amounts of its financial instruments using the available market information and valuation methodologies considered to be appropriate and has determined that the carrying value of the Company’s accounts receivable, receivables related to financing services, notes receivable, value added tax receivable, inventories, prepaid expenses, accounts payable, advances to suppliers, bank overdraft, lines of credit related to financing services, short-term borrowings, notes payable to suppliers, accrued expenses, customer deposits, deferred revenue, due to shareholders, due to director, and income tax payable as of December 31, 2013 and 2012 approximate fair value.
Other Comprehensive Income	'
	Other Comprehensive Income
	Other comprehensive income consists of other gains and losses affecting shareholders’ equity that, under US GAAP, are excluded from net income. The changes in other comprehensive income of $1,719,488 and $223,954 for the years ended December 31, 2013 and 2012, respectively, are foreign currency translation adjustments.
Concentrations of Credit Risk	'
	Concentrations of Credit Risk
	Financial instruments that potentially expose the Company to concentrations of credit risk consist primarily of cash and cash equivalents, restricted cash, accounts receivable, notes receivable and receivables related to financing services. The Company places its cash and cash equivalents with reputable financial institutions with high credit ratings.
	The Company conducts credit evaluations of customers and generally does not require collateral or other security from customers. The Company establishes an allowance for doubtful accounts primarily based upon the age of the receivables and factors relevant to determining the credit risk of specific customers. The amount of receivables ultimately not collected by the Company has generally been consistent with management's expectations and the allowance established for doubtful accounts.
Major Customers	'
	Major Customers
	During the year ended December 31, 2103, one customer accounted for 15.0% of the Company’s net revenue.  During the years ended December 31, 2012, one customer accounted for 16.2% of the Company’s net revenue.
Major Suppliers	'
	Major Suppliers
	One supplier accounted for 15.6% of the Company’s purchases during the year ended December 31, 2013.  One supplier accounted for 10.7% of the Company’s purchases during the year ended December 31, 2012.
Cash and Cash Equivalents	'
	Cash and Cash Equivalents
	Cash and cash equivalents consist of cash at banks and on hand and highly liquid investments which are unrestricted as to withdrawal or use, and which have remaining maturities of three months or less when purchased. The Company’s deposits in banks located in the PRC are not protected by any insurance and such uninsured amounts totaled $14,997,279 and $8,850,433 as of December 31, 2013 and 2012, respectively.
Restricted Cash	'
	Restricted Cash
	The Company is required to maintain certain amounts of cash in its banks to secure certain banks’ letters of credit issued to its customers, certain draws on its lines of credit, short-term borrowings and notes payable to suppliers. Restricted cash to secure these bank lines is not protected by any insurance and such restricted cash totaled $29,665,536 and $27,015,351 as of December 31, 2013 and 2012, respectively.
Accounts and Notes Receivable	'
	Accounts and Notes Receivable
	Accounts and notes receivable are stated at the amount the Company expects to collect. The allowance for doubtful accounts is based on management’s assessment of the collectability of specific customer accounts, the aging of the accounts receivable, historical experience and other currently available evidence. Accounts and notes receivable are charged off against the allowance when collectability is determined to be permanently impaired. As of December 31, 2013 and 2012, the Company had no allowance for doubtful accounts in respect of its accounts receivable; and had no allowance for doubtful accounts in respect of its notes receivable.
Receivables Related to Financing Services	'
	Receivables Related to Financing Services
	The Company records a receivable related to financing services when cash is loaned to the customers to finance their purchases of automobiles. Upon repayments by the customers, the Company records the amounts as reductions of receivables related to financing services.  Receivables related to financing services represent the aggregate outstanding balance of loans from customers related to their purchases of automobiles. The Company charges a fee for providing loan services and such fee is prepaid by the customers. The Company amortizes these fees over the receivable term, which is typically 90 days, using the straight-line method. The Company records such amortized amounts as financing fee income and the unamortized amount is classified as deferred revenue on the Company’s consolidated balance sheets.
	The Company evaluates the collectibility of outstanding receivables at the end of each of the reporting periods and makes estimates for potential credit losses. The Company has not experienced any losses on its receivable related to financing services historically and accordingly did not record any allowance of credit losses as of December 31, 2013 and 2012.
Inventories	'
	Inventories
	Inventories consist primarily of the purchase cost of automobiles valued at the lower of cost (first-in, first-out) or market. As of December 31, 2013 and 2012, reserve for obsolescence amounted to $193,379 and $0, respectively.
Property and Equipment, net	'
	Property and Equipment, net
	Property and equipment, net are carried at cost less accumulated depreciation. Depreciation is calculated using the straight-line basis method over the following estimated useful lives:
	Buildings and land use rights	31 years
	Computers	3 to 5 years
	Office equipment, furniture and fixtures	3 to 5 years
	Leasehold improvements	5 years
	Automobiles	5 years
Long-Lived Assets	'
	Long-Lived Assets
	Long-lived assets to be held and used are analyzed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be fully recoverable or that the useful lives of those assets are no longer appropriate. The Company evaluates at each balance sheet date whether events and circumstances have occurred that indicate possible impairment. If there are indications of impairment, the Company uses future undiscounted cash flows of the related assets or asset grouping over the remaining life in measuring whether the assets are recoverable. In the event such cash flows are not expected to be sufficient to recover the recorded asset values, the assets are written down to their estimated fair value. Long-lived assets to be disposed of are reported at the lower of the carrying amount or fair value of asset less disposal costs. The Company determined that there was no impairment of long-lived assets as of December 31, 2013 and 2012.
Goodwill	'
	Goodwill
	Goodwill arising from business combinations represents the excess of the purchase price over the estimated fair value of the net assets of the businesses acquired.
	Goodwill is tested annually for impairment, during the fourth quarter of our fiscal year, or more frequently if circumstances indicate the possibility of impairment. Significant judgments required to estimate fair value include estimating future cash flows, and determining appropriate discount rates, growth rates and other assumptions. Changes in these estimates and assumptions could materially affect the determination of fair value which could trigger impairment.
	In evaluating goodwill for impairment using the two-step test to identify any potential impairment and to measure any amount of impairment, the first step is based upon a comparison of the fair value of each of the Company’s reporting units and the carrying value of the reporting unit’s net assets, including goodwill. If the fair value of the reporting unit exceeds its carrying value, goodwill is considered not to be impaired; otherwise, step two is required. Under step two, the implied fair value of goodwill, calculated as the difference between the fair value of the reporting unit and the fair value of the reporting unit’s net assets, is compared with the carrying value of the goodwill. The excess of the carrying value of goodwill over the implied fair value represents the amount impaired.
	The Company uses a combination of valuation techniques, primarily using discounted cash flows to determine the fair values of its reporting units and market based multiples as supporting evidence. The variables and assumptions used, all of which are level 3 fair value inputs, including the projections of future revenues and expenses, working capital, terminal values, discount rates and long term growth rates. The market multiples observed in sale transactions are determined separately for each reporting unit are based on the weighted average cost of capital determined for each of the Company’s reporting units. In addition we make certain judgments about the selection of comparable companies used in determining market multiples in valuing our reporting units, as well as certain assumptions to allocate shared assets and liabilities to calculate values for each of our reporting units. The underlying assumptions used are based on historical actual experience and future expectations that are consistent with those used in the Company’s strategic plan. The Company compares the fair value of each of its reporting units to their respective carrying values, including related goodwill. We also compare our book value and the estimates of fair value of the reporting units to our market capitalization as of and at dates near the annual testing date. Management uses this comparison as additional evidence of the fair value of the Company, as our market capitalization may be suppressed by other factors such as the control premium associated with a controlling shareholder, our leverage or general expectations regarding future operating results and cash flows. In situations where the implied value of the Company under the Income or Market Approach is significantly different than our market capitalization, we re-evaluate and adjust, if necessary, the assumptions underlying our Income and Market Approach models. Our estimates of the fair values of these reporting units, and the related goodwill, could change over time based on a variety of factors, including the aggregate market value of the Company’s common stock, actual operating performance of the underlying businesses or the impact of future events on the cost of capital and the related discount rates used.
	In the fourth quarter of 2012, the Company revised its business plan and downsized Goodcar’s operations.  The Company reviewed Goodcar’s advertising operations and decided to cease such operations to generate advertising revenue.  The Company evaluated the projected revenue and profit and costs involved to operate Goodcar’s advertising operations and concluded that it would be in the Company’s best interest to cease its operations in order for it to better focus on its core business in automobile sales, automobile value added services and financing services.  The Company continues to operate Goodcar’s website to promote our products and services in other segments, including automobile sales, automobile valued added services and financing services.  Due to the closing of Goodcar’s advertising operations, the Company recorded an impairment charge of $3,735,091 related to the goodwill acquired in the acquisition of Goodcar.
	In November 2013, the Company recorded goodwill in the amount of $20,107,700 as a result of the Zhonghe acquisition.  As of December 31, 2013, no indication of goodwill impairment existed.
Intangible assets	'
	Intangible Assets
	As of December 31, 2013, intangible assets consist of customer relations arose from the acquisition of Zhonghe.  Amortization is calculated using the straight-line method over five years.  Intangible assets are carried at cost less accumulated amortization.
	During the fourth quarter of 2012, the Company recorded impairment charge of $926,110 (net of deferred taxes of $314,094) related to intangible assets acquired in the acquisition of Goodcar.
Noncontrolling Interests	'
	Noncontrolling Interests
	Noncontrolling interests represent the noncontrolling interest stockholders’ proportionate share of the equity of Hengjia, Zhengji and Ganghui. The noncontrolling interests in 2013 and 2012 are summarized as below:
			As of December 31,
			2013			2012
	Hengjia			2	%		2	%
	Ganghui			2	%		2	%
	Zhengji			2	%		2	%
	The noncontrolling interests in Hengjia, Zhengji and Ganghui that are not owned by the Company are shown as “noncontrolling interests” in the consolidated balance sheets as of December 31, 2013 and 2012 and “net income attributable to noncontrolling interests” in the consolidated statements of income for the years ended December 31, 2013 and 2012.
Long Term Investment	'
	Long Term Investment
	Investee companies that are not consolidated, but over which the Company exercises significant influence, are accounted for under the equity method of accounting. Whether or not the Company exercises significant influence with respect to an Investee depends on an evaluation of several factors including, among others, representation on the Investee company’s board of directors and ownership level, which is generally a 20% to 50% interest in the voting securities of the Investee company. Under the equity method of accounting, an Investee company’s accounts are not reflected within the Company’s consolidated balance sheets and statements of operations; however, the Company’s share of the earnings or losses of the investee company is reflected in the caption ‘‘equity loss—share of investee company losses’’ in the consolidated statements of income. The Company’s carrying value in an equity method investee company is reflected in the caption ‘‘ownership interests in investee company’’ in the Company’s consolidated balance sheets.
	When the Company’s carrying value in an equity method Investee company is reduced to zero, no further losses are recorded in the Company’s consolidated financial statements unless the Company guaranteed obligations of the Investee company or has committed additional funding. When the investee company subsequently reports income, the Company will not record its share of such income until it equals the amount of its share of losses not previously recognized.
Deferred Revenue	'
	Deferred Revenue
	Deferred revenue includes amounts received from customers for which services revenue recognition is not yet appropriate. All deferred revenue is anticipated to be recognized within the next 12 months from the balance sheet dates.
Revenue Recognition	'
	Revenue Recognition
	The Company’s main source of income was generated through (1) sales of automobiles, (2) service fees for assisting customers to get bank financing on purchases of automobiles, (3) web-based advertising service fees, including fees from (i) displaying graphical advertisements on the Company websites and (ii) web-based listing services that allow customers to place automobile related information on the Company’s websites, (4) automobile value added services, (5) airport auto mall automotive services, and (6) auto mall management services. The financing services are provided to customers on automobiles not sold by the Company. The Company recognizes revenue when there is persuasive evidence of an arrangement, delivery has occurred upon shipment or services have been rendered, the seller’s price to the buyer is fixed or determinable, and collectibility is reasonably assured.
	The Company recognizes the sales of automobiles upon delivery and acceptance by the customers and where collectibility is reasonably assured.
	Service revenue related to financing services is recognized ratably over the financing period.
	Service fees for graphical advertisements on the Company’s websites are charged on a fixed fee basis. The Company recognizes the advertising revenue when the service is performed over the service term. The Company charges a monthly fee for listing services and recognizes the revenue when services are performed. The Company offers sales incentives to its customers in the form of (i) subscription exemption; (ii) discounted prices and (iii) free advertisements. The Company classifies sales incentives as a reduction of net revenues. Revenues, net of discounts and allowances, are recognized ratably over the service periods.
	The Company recognizes revenue from automobile value added services when such services are performed.
	Airport auto mall automotive services include (i) the rental of the Airport International Auto Mall, and (ii) equity income (loss) derived from Car King Tianjin.  Rental income from the Airport International Auto Mall is recognized based on the monthly rent agreed upon with our tenants.  The equity income (loss) derived from Car King Tianjin is recognized based on the Company’s ownership share in Car King Tianjin’s net income (loss).
	Value Added Taxes represent amounts collected on behalf of specific regulatory agencies that require remittance by a specified date. These amounts are collected at the time of sale and are detailed on invoices provided to customers. The Company accounts for value added taxes on a net basis. The Company recorded and paid business taxes based on a percentage of the net service revenues and reported the service revenue net of the business taxes and other sales related taxes.
Cost of Revenue	'
	Cost of Revenue
	Cost of revenue includes the purchase cost of the automobiles, inventory obsolescence, freight-in and all the direct costs related to the sales of the automobiles. All costs related to the Company’s distribution network are included in the cost of revenue.
Operating Expenses	'
	Operating Expenses
	Selling and marketing expenses include salaries and employee benefits, rent, advertising, travel and entertainment and insurance.
	General and administrative expenses include management and office salaries and employee benefits, depreciation for office facilities, office equipment and automobiles, travel and entertainment, insurance, legal and accounting, consulting fees, workers’ compensation insurance, and other office expenses.
Advertising	'
	Advertising
	The Company expenses advertising costs when incurred. The Company incurred approximately $35,000 and $14,000 of advertising expenses for the years ended December 31, 2013 and 2012, respectively. Advertising expense is included in the caption “Selling and Marketing” within operating expenses on the consolidated statements of income.
Income taxes	'
	Income taxes
	Deferred income taxes are recognized for temporary differences between the tax basis of assets and liabilities and their reported amounts in the consolidated financial statements, net operating loss carry forwards and credits, by applying enacted statutory tax rates applicable to future years. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Current income taxes are provided for in accordance with the laws of the relevant taxing authorities.
	The Company recognizes tax benefits that satisfy a greater than 50% probability threshold and provides for the estimated impact of interest and penalties for such tax benefits.  The Company did not incur any interest or penalties related to potential underpaid income tax expenses during the years ended December 31, 2013 and 2012.
Basic and Diluted Earnings Per Share	'
	Basic and Diluted Earnings Per Share
	Basic earnings per common share is computed by dividing net earnings available to common stockholders by the weighted average number of common shares outstanding. Diluted earnings per common share is computed similarly to basic earnings per common share, except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive.  As of December 31, 2013 and 2012, the Company did not have any common stock equivalents, therefore, the basic earnings per share is the same as the diluted earnings per share.
New Accounting Standards	'
	New Accounting Standards
	The Company is not aware of any recent issued accounting pronouncements that when adopted will have a material effect on the Company’s financial position, results of operations or cash flows.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2013
Summary Of Significant Accounting Policies [Abstract]	'
Estimated useful life of property and equipment	'
	Buildings and land use rights	31 years
	Computers	3 to 5 years
	Office equipment, furniture and fixtures	3 to 5 years
	Leasehold improvements	5 years
	Automobiles	5 years
Summary of noncontrolling interests percentage	'
			As of December 31,
			2013			2012
	Hengjia			2	%		2	%
	Ganghui			2	%		2	%
	Zhengji			2	%		2	%

Business_Combination_Tables

Business Combination (Tables)	12 Months Ended
	Dec. 31, 2013
Business Combination [Abstract]	'
Amounts of the identified assets acquired and liabilities assumed recognized at acquisition date	'
	Cash and cash equivalent	$	194,445
	Restricted cash		1,469,124
	Receivable from former shareholder		7,098,374
	Inventories		1,416,386
	Advances to suppliers		3,239,908
	Value added tax receivable		240,786
	Other current assets		1,787
	Property, plant and equipment		72,640,016
	Ownership interest in Car King Tianjin		652,944
	Customer relations		555,002
	Goodwill		20,107,700
	Accounts payable and accrued expenses		(10,304	)
	Notes payable to suppliers		(4,897,080	)
	Customer deposits		(9,925	)
	Deferred revenue		(5,805	)
	Deferred taxes		(11,448,664	)
	Purchase price	$	91,374,283
	Cash to be remitted upon closing	$	39,176,638
	Debt payment installments		52,197,645
	Total	$	91,374,283
Revenue and net loss included in the Company's consolidated income statement	'
		Revenue			Net Loss
					Attributable
					to the Company
	Actual results of Zhonghe from December 1 to December 31, 2013	$	4,281,047		$	(155,317	)
	Supplemental pro forma for the year ended December 31, 2013	$	479,807,952		$	(5,822,120	)
	Supplemental pro forma for the year ended December 31, 2012	$	655,080,618		$	(4,861,937	)

Restricted_Cash_Tables

Restricted Cash (Tables)	12 Months Ended
	Dec. 31, 2013
Restricted Cash [Abstract]	'
Summary of restricted cash	'
		As of December 31,
		2013		2012
	Collateral for bank’s issuance of letters of credit to the Company’s customers	$	6,630,313	$	4,527,214
	Collateral for borrowings on the lines of credit related to financing services		8,733,869		-
	Collateral for short-term borrowings		3,004,998		16,140,039
	Collateral for notes payable to suppliers		11,296,356		6,348,098
		$	29,665,536	$	27,015,351

Property_and_Equipment_Net_Tab

Property and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2013
Property and Equipment Net [Abstract]	'
Summary of property and equipment	'
	As of December 31,
		2013		2012
	Buildings and land use rights	$	72,826,656	$	-
	Computers		217,717		126,474
	Office equipment, furniture and fixtures		109,898		75,286
	Leasehold improvements		34,368		33,328
	Automobiles		1,117,383		1,058,949
			74,306,022		1,294,037
	Less: Accumulated depreciation and amortization		1,328,037		979,911
		$	72,977,985	$	314,126

Goodwill_Tables

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2013
Goodwill/Intangible Assets, Net [Abstract]	'
Summary of changes in carrying amount of goodwill	'
		Reporting Segments
		Sales of		Airport Auto		Total
		Automobiles		Mall
				Automotive
				Services
	Balance as of January 1, 2013	$	-	$	-	$	-
	Acquisition of Zhonghe		4,021,540		16,086,160		20,107,700
	Translation adjustment		10,333		41,332		51,665
	Balance as of December 31, 2013	$	4,031,873	$	16,127,492	$	20,159,365

Intangible_Assets_Net_Tables

Intangible Assets, Net (Tables)	12 Months Ended
	Dec. 31, 2013
Goodwill/Intangible Assets, Net [Abstract]	'
Summary of intangible assets	'
				As of December 31, 2013
		Life		Cost		Foreign		Less:		Less:		Net Carrying
						currency		Accumulated		Accumulated		Amount
						translation		Impairment		Amortization
						adjustments
	Intangible assets subject to amortization -
	Customer relations	5 years		$	555,002		1,426		-		-9,273		547,155
Schedule of amortization of the intangible assets	'
	2014	$	111,286
	2015		111,286
	2016		111,286
	2017		111,286
	2018		102,011
		$	547,155

Equity_Investment_in_Car_King_1

Equity Investment in Car King Tianjin (Tables)	12 Months Ended
	Dec. 31, 2013
Equity Investment in Car King Tianjin [Abstract]	'
The results of operations of the equity basis investments	'
	Condensed income statement information:	Year Ended
		31-Dec
		2013
	Net sales	$	-
	Gross profit		-
	Net loss		-191,651
	Company’s equity in net loss of investee	$	-76,660
The results of financial postion of the equity basis investments	'
	Condensed balance sheet information:	As of
		31-Dec
		2013
	Current assets	$	1,554,709
	Non current assets		31,244
	Total assets	$	1,585,953
	Current liabilities	$	141,193
	Equity		1,444,760
	Current liabilities and equity	$	1,585,953

Long_Term_Debt_Tables

Long Term Debt (Tables)	12 Months Ended
	Dec. 31, 2013
Long Term Debt [Abstract]	'
Summary of debt	'
	Outstanding debt balance	$	51,012,804
	Less current portion		(15,706,581	)
	Outstanding debt balance less current portion	$	35,306,223
Summary of future maturities of long-term debt	'
	2014	$	15,706,581
	2015		16,978,146
	2016		18,328,077
		$	51,012,804

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2013
Income Taxes [Abstract]	'
Summary of reconciliation of the provision for income taxes	'
		Year ended December 31,
		2013			2012
	Computed tax at US federal statutory rate of 34%	$	731,583		$	1,420,079
	Permanent differences:
	Meals and entertainment (non-deductible portion)		29,581			44,114
	Legal and professional fees (non-deductible portion)		226,520			226,569
	Stock issuance in conjunction with Zhonghe acquisition		335,240			-
	Gain on forgiveness of loan payable to Qizhong		545,396			-
	Impairment of goodwill and intangible assets (non-deductible portion)		-			451,400
	Tax rate difference between US and PRC on foreign earnings		(342,306	)		(375,903	)
	Loss of Qizhong and its subsidiaries not deducted by other consolidation group entities as separated tax returns were filed		-			342,330
	Change in valuation allowance		155,190			(443,726	)
	Other		(46,686	)		(68,684	)
		$	1,634,518		$	1,596,179
Details of income taxes	'
	Details of income taxes	Year ended December 31,
		2013			2012
	Current
	US Federal	$	-		$	-
	PRC		1,779,224			2,310,079
	Total current		1,779,224			2,310,079
	Deferred
	US Federal		-			-
	PRC		(144,706	)		(713,900	)
	Total deferral		(144,706	)		(713,900	)
	Total income taxes	$	1,634,518		$	1,596,179
Details of deferred taxes	'
		As of December 31,
		2013			2012
	Details of deferred taxes
	Deferred tax assets:
	Impairment loss carryforwards	$	-		$	714,161
	Net operating losses carryforwards		155,190			-
	Inventory reserve		48,345			-
			203,535			714,161
	Valuation allowance		(155,190	)		-
	Total deferred tax asset		48,345			714,161
	Deferred tax liability:
	Debt discount		1,580,616			-
	Excess of book basis over tax basis – Airport International Auto Mall property		11,308,850			-
	Intangible asset		136,789			-
	Total deferred tax liability		13,026,255			-
	Net deferred tax liability	$	12,977,910		$	-
	Classification on consolidated balance sheets
	Deferred tax assets
	-     Current	$	48,345		$	714,161
	Deferred tax liability
	-     Current	$	786,413		$	-
	-     Non-current		12,239,842			-
	Total deferred tax liabilities	$	13,026,255		$	-

Commitments_Tables

Commitments (Tables)	12 Months Ended
	Dec. 31, 2013
Commitments [Abstract]	'
Future minimum lease payments under non-cancelable operating leases	'
	2014	$	42,909
	Thereafter		-
		$	42,909

Segment_Information_Tables

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2013
Segment Information [Abstract]	'
Operations of Company's operating segments	'
						Web-based			Automobile		Airport Auto		Auto Mall
											Mall
		Sales of		Financing		Advertising			Value Added		Automotive		Management
		Automobiles		Services		Services			Services		Services		Service		Corporate			Total
	Net revenue	$	450,143,413	$	6,893,986	$	471,277		$	740,338	$	15,788	$	970,255	$	-		$	459,235,057
	Cost of revenue		449,748,338		2,560,052		38,201			22,150		-		10,675		-			452,379,416
	Operating expenses
	Selling and marketing		43,285		474,832		47,448			78,686		1,730		105,133		-			751,114
	General and administrative		91,478		1,003,500		100,277			166,293		3,656		222,186		1,587,390			3,174,780
	Total operating expenses		134,763		1,478,332		147,725			244,979		5,386		327,319		1,587,390			3,925,894
	Income (loss) from operations	$	260,312	$	2,855,602	$	285,351		$	473,209	$	10,402	$	632,261	$	(1,587,390	)	$	2,929,747
						Web-based			Automobile		Airport Auto		Auto Mall
											Mall
		Sales of		Financing		Advertising			Value Added		Automotive		Management
		Automobiles		Services		Services			Services		Services		Service		Corporate			Total
	Net revenue	$	581,292,369	$	7,085,357	$	819,344		$	1,178,274	$	-	$	939,760	$	-		$	591,315,104
	Cost of revenue		576,062,562		3,462,653		282,044			240,017		-		10,442		-			580,057,718
	Operating expenses
	Selling and marketing		454,140		314,584		46,657			81,475		-		80,699		-			977,555
	General and administrative		473,030		327,670		48,598			84,864		-		84,056		1,018,218			2,036,436
	Impairment loss of goodwill and intangible assets		-		-		4,661,201			-		-		-		-			4,661,201
	Total operating expenses		927,170		642,254		4,756,456			166,339		-		164,755		1,018,218			7,675,192
	Income (loss) from operations	$	4,302,637	$	2,980,450	$	(4,219,156	)	$	771,918	$	-	$	764,563	$	(1,018,218	)	$	3,582,194
Summary o total assets by segment	'
	Total Assets					Web-based			Automobile		Airport Auto		Auto Mall
											Mall
		Sales of		Financing		Advertising			Value Added		Automotive		Management
		Automobiles		Services		Services			Services		Services		Service		Corporate			Total
	As of December 31, 2013	$	93,650,624	$	96,122,720	$	1,820,264		$	2,815,434	$	65,077,390	$	376,146	$	1,693,047		$	261,555,625
	As of December 31, 2012	$	76,548,467	$	87,555,632	$	213,155		$	568,770	$	-	$	86,065	$	1,223,627		$	166,195,716

Subsequent_Events_Tables

Subsequent Events (Tables)	12 Months Ended
	Dec. 31, 2013
Subsequent Events [Abstract]	'
Supplemental pro forma for revenue and net Income (loss)	'
		Revenue		Net Income
				(Loss)
				Attributable
				to the
				Company
	Supplemental pro forma for the year ended December 31, 2013	$	458,264,802	$	-195,438
	Supplemental pro forma for the year ended December 31, 2012	$	590,375,344	$	1,870,098

Organization_and_Nature_of_Bus1

Organization and Nature of Business (Details)

Nov. 22, 2013

Jul. 23, 2009

Nov. 30, 2008

Nov. 30, 2007

Nov. 30, 2007

Dec. 25, 2007

Nov. 30, 2008

Nov. 10, 2008

Jul. 23, 2009

Aug. 31, 2001

Jul. 23, 2009

Jan. 31, 2007

Jan. 31, 2007

Feb. 28, 2005

Sep. 30, 2003

Nov. 30, 2013

Nov. 30, 2013

Nov. 30, 2013

Nov. 22, 2013

Nov. 22, 2013

CNY

USD ($)

HKCo [Member]

HKCo [Member]

HKCo [Member]

HKCo [Member]

Phillip E. Ray and Ruth Daily [Member]

Shisheng [Member]

Ganghui [Member]

Ganghui [Member]

Zhengji [Member]

Zhengji [Member]

Zhengji [Member]

Zhengji [Member]

Hengjia [Member]

Hezhong [Member]

Hezhong [Member]

Car King Tianjin [Member]

Car King Tianjin [Member]

Car King China [Member]

USD ($)

CNY

USD ($)

CNY

USD ($)

CNY

CNY

CNY

Organization and Nature of Business (Textual)

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Shares issued under the Share Exchange Agreement

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1,950,000

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Share issued under the Share Exchange Agreement (pre reverse split)

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11,700,000

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Cancellation of an aggregate shares of common stock issued under the Share Exchange Agreement

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189,167

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Cancellation of an aggregate shares of common stock issued under the Share Exchange Agreement (pre reverse split)

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1,135,000

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Common stock issued and outstanding as result of exchange

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1,255,833

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Common stock shares issued and outstanding as result of exchange (pre reverse split)

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7,535,000

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Aggregate purchase price of equity interests

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$12,067,254

95,000,000

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'

'

'

'

Equity ownership percentage

'

'

'

'

'

100.00%

'

100.00%

'

'

'

'

'

'

'

'

'

'

'

'

Equity ownership percentage owned by Shisheng

'

'

'

'

'

'

'

'

98.00%

80.00%

98.00%

86.40%

86.40%

32.00%

80.00%

'

'

'

'

'

Additional capital injected by Shisheng

'

'

'

'

'

'

'

'

'

'

'

1,024,498

8,000,000

'

'

'

'

'

'

'

Aggregate amount of ownership interests

'

444,120

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Contributed capital

4,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

8,000,000

12,000,000

Registered capital

20,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Auto mall acquistion agreement owner ship percentage

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

100.00%

100.00%

'

'

'

Amount paid for auto mall acquisition agreement

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

91,400,000

559,168,000

'

'

'

Auto mall acquisition annual installment percentage.

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6.00%

6.00%

'

'

'

Initial payment of auto mall acquisition agreement

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$38,800,000

240,000,000

'

'

'

Termination of auto mall agreement penalty percentage

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10.00%

10.00%

'

'

'

Net profit loss percentage

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

40.00%

'

'

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2013
Buildings And Land Use Rrights [Member]	'
Summary of estimated useful lives of Property and equipment, net	'
Estimated useful life	'31 years
Computers [Member] | Minimum [Member]	'
Summary of estimated useful lives of Property and equipment, net	'
Estimated useful life	'3 years
Computers [Member] | Maximum [Member]	'
Summary of estimated useful lives of Property and equipment, net	'
Estimated useful life	'5 years
Office equipment, furniture and fixtures [Member] | Minimum [Member]	'
Summary of estimated useful lives of Property and equipment, net	'
Estimated useful life	'3 years
Office equipment, furniture and fixtures [Member] | Maximum [Member]	'
Summary of estimated useful lives of Property and equipment, net	'
Estimated useful life	'5 years
Leasehold Improvements [Member]	'
Summary of estimated useful lives of Property and equipment, net	'
Estimated useful life	'5 years
Sales of Automobiles [Member]	'
Summary of estimated useful lives of Property and equipment, net	'
Estimated useful life	'5 years

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Details 1)	Dec. 31, 2013	Dec. 31, 2012
Hengjia [Member]	'	'
Summary of noncontrolling interests percentage	'	'
Noncontrolling interest stockholders' proportionate share of the equity	2.00%	2.00%
Ganghui [Member]	'	'
Summary of noncontrolling interests percentage	'	'
Noncontrolling interest stockholders' proportionate share of the equity	2.00%	2.00%
Zhengji [Member]	'	'
Summary of noncontrolling interests percentage	'	'
Noncontrolling interest stockholders' proportionate share of the equity	2.00%	2.00%

Summary_of_Significant_Account5

Summary of Significant Accounting Policies (Details Textual) (USD $)	3 Months Ended	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
		Customer	Customer
		Suppliers	Suppliers
Summary of Significant Accounting Policies (Textual)	'	'	'
Common stock, par value	$0.00	$0.00	$0.00
Reverse stock split	'	'	'One-for-six
Foreign currency translation adjustments	'	$1,726,261	$224,181
Number of customers	'	1	1
Percentage of revenue accounted by customer	'	15.00%	16.20%
Number of suppliers	'	1	1
Percentage of purchase accounted by suppliers	'	15.60%	10.70%
Restricted cash	27,015,351	29,665,536	27,015,351
Allowance of doubtful accounts (in dollars)	'	'	'
Allowance of doubtful accounts for notes receivable	'	'	'
Short term borrowings	19,673,128	6,259,598	19,673,128
Amortization fees receivable period under straight line method	'	'	'90 days
Allowance for credit losses	'	'	'
Inventory reserve for obsolescence	193,379	0	193,379
Impairment of long-lived assets	'	'	'
Impairment loss on goodwill	'	3,735,091	3,735,091
Goodwill amount	'	20,107,700	'
Impairment charge related to memberships	926,110	'	'
Impairment of intangible assets after tax excluding goodwill	314,094	'	'
Anticipated Period for recognition of deferred revenue	'	'	'12 months
Uninsured cash amounts	8,850,433	14,997,279	8,850,433
Advertising expense	'	$35,000	$14,000
Common stock equivalents	'	'	'
Minimum [Member]	'	'	'
Summary of Significant Accounting Policies (Textual)	'	'	'
Interest in the voting securities	'	20.00%	'
Maximum [Member]	'	'	'
Summary of Significant Accounting Policies (Textual)	'	'	'
Interest in the voting securities	'	50.00%	'

Business_Combination_Details

Business Combination (Details) (USD $)	Nov. 30, 2013
Business Combination [Abstract]	'
Cash and cash equivalent	$194,445
Restricted cash	1,469,124
Receivable from former shareholder	7,098,374
Inventories	1,416,386
Advances to suppliers	3,239,908
Value added tax receivable	240,786
Other current assets	1,787
Property, plant and equipment	72,640,016
Goodwill	20,107,700
Ownership interest in Car King Tianjin	652,944
Customer relations	555,002
Accounts payable and accrued expenses	-10,304
Notes payable to suppliers	-4,897,080
Customer deposits	-9,925
Deferred revenue	-5,805
Deferred taxes	-11,448,664
Purchase price	91,374,283
Cash to be remitted upon closing	39,176,638
Debt payment installments	52,197,645
Total	$91,374,283

Business_Combination_Details_1

Business Combination (Details 1) (USD $)	1 Months Ended	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2012
Business Combination [Abstract]	'	'	'
Revenue, Actual	$4,281,047	'	'
Revenue, Supplemental pro forma	'	479,807,952	655,080,618
Net Loss Attributable to the Company, Actual	-155,317	'	'
Net Loss Attributable to the Company, Supplemental pro forma	'	($5,822,120)	($4,861,937)

Business_Combination_Details_T

Business Combination (Details Textual)	1 Months Ended	12 Months Ended			1 Months Ended		12 Months Ended
	Nov. 30, 2013	Dec. 31, 2013	Dec. 31, 2012	Nov. 30, 2013	Nov. 30, 2013	Nov. 30, 2013	Dec. 31, 2013
	USD ($)	USD ($)	USD ($)	Airport International Auto Mall [Member]	Shisheng [Member]	Shisheng [Member]	Shisheng [Member]
				USD ($)	USD ($)	CNY	USD ($)
					Installments
Business Acquisition [Line Items]	'	'	'	'	'	'	'
Date of acquisition of Zhonghe	'	'	'	'	'	'	30-Nov-13
Percentage of interest acquired	'	'	'	'	100.00%	100.00%	'
Description of business acqusition	'	'	'	'	'Under the terms of the Auto Mall Acquisition Agreement, Shisheng will pay RMB 559,768,000 (approximately $91.4 million) to Hezhong, in four annual installments with an annualized rate of interest of 6%. The initial payment of RMB 240,000,000 (approximately $39.2 million) was paid within 5 business days after the signing of the Agreement.	'Under the terms of the Auto Mall Acquisition Agreement, Shisheng will pay RMB 559,768,000 (approximately $91.4 million) to Hezhong, in four annual installments with an annualized rate of interest of 6%. The initial payment of RMB 240,000,000 (approximately $39.2 million) was paid within 5 business days after the signing of the Agreement.	'
Business acquisition cash consideration	'	'	'	'	$91,400,000	559,768,000	'
Annualized rate of interest	'	'	'	'	10.00%	10.00%	'
Number of installments	'	'	'	'	4	4	'
Initial payment, paid within 5 business days	'	'	'	'	39,200,000	240,000,000	'
Description of termination terms of the acquisition	'	'	'	'	'Failure by Shisheng to pay the remaining installments may result in the termination of the Auto Mall Acquisition Agreement, as well as a penalty of 10% of the total transfer price.	'Failure by Shisheng to pay the remaining installments may result in the termination of the Auto Mall Acquisition Agreement, as well as a penalty of 10% of the total transfer price.	'
Description of control obtained	'	'	'	'	'Upon the payment by Shisheng of this first installment, Hezhong transferred control of Zhonghe to Shisheng.	'Upon the payment by Shisheng of this first installment, Hezhong transferred control of Zhonghe to Shisheng.	'
Acquisition related costs included in general and administrative expenses	'	3,174,780	2,036,436	'	'	'	1,091,594
Acquisition related costs included to issuance of shares	986,000	'	'	'	'	'	'
Number of shares issued in acquisition	340,000	'	'	'	'	'	'
Goodwill	20,107,700	20,159,365	'	'	'	'	'
Purchase price related to acquisition	20,107,700	'	'	72,640,016	'	'	'
Other identified net assets	10,075,231	'	'	'	'	'	'
Deferred tax liabilites	$11,448,664	'	'	'	'	'	'

Restricted_Cash_Details

Restricted Cash (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Summary of restricted cash	'	'
Collateral for bank's issuance of letters of credit to the Company's customers	$6,630,313	$4,527,214
Collateral for borrowings on the lines of credit related to financing services	8,733,869	'
Collateral for short-term borrowings	3,004,998	16,140,039
Collateral for notes payable to suppliers	11,296,356	6,348,098
Restricted cash	$29,665,536	$27,015,351

Notes_Receivable_Details

Notes Receivable (Details)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2012
	USD ($)	CNY
Notes Receivable [Abstract]	'	'
Description of maturity date of notes receivable	'Three months from the date of issuance in January 2013.	'Three months from the date of issuance in January 2013.
Notes receivable	$1,587,024	10,000,000

Property_and_Equipment_Net_Det

Property and Equipment, Net (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Summary of property and equipment	'	'
Property and equipment, gross	$74,306,022	$1,294,037
Less: Accumulated depreciation and amortization	1,328,037	979,911
Property and equipment, net	72,977,985	314,126
Buildings and land use rights [Member]	'	'
Summary of property and equipment	'	'
Property and equipment, gross	72,826,656	'
Computers [Member]	'	'
Summary of property and equipment	'	'
Property and equipment, gross	217,717	126,474
Office equipment, furniture and fixtures [Member]	'	'
Summary of property and equipment	'	'
Property and equipment, gross	109,898	75,286
Leasehold improvements [Member]	'	'
Summary of property and equipment	'	'
Property and equipment, gross	34,368	33,328
Automobiles [Member]	'	'
Summary of property and equipment	'	'
Property and equipment, gross	$1,117,383	$1,058,949

Property_and_Equipment_Net_Det1

Property and Equipment, Net (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Property and Equipment, Net (Textual)	'	'
Depreciation and amortization expense for property and equipment	$304,859	$162,420

Goodwill_Details

Goodwill (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Nov. 30, 2013
Summary of changes in carrying amount of goodwill	'	'
Goodwill, Beginning Balance	'	$20,107,700
Acquisition of Zhonghe	20,107,700	'
Translation adjustment	51,665	'
Goodwill, Ending Balance	20,159,365	20,107,700
Sales of Automobiles [Member]	'	'
Summary of changes in carrying amount of goodwill	'	'
Goodwill, Beginning Balance	'	'
Acquisition of Zhonghe	4,021,540	'
Translation adjustment	10,333	'
Goodwill, Ending Balance	4,031,873	'
Airport Auto Mall Automotive Services [Member]	'	'
Summary of changes in carrying amount of goodwill	'	'
Goodwill, Beginning Balance	'	'
Acquisition of Zhonghe	16,086,160	'
Translation adjustment	41,332	'
Goodwill, Ending Balance	$16,127,492	'

Goodwill_Details_Textual

Goodwill (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Nov. 30, 2013
Goodwill (Textual)	'	'	'
Goodwill	$20,159,365	'	$20,107,700
Impairment charge related to goodwill	3,735,091	3,735,091	'
Concentration Risk, Percentage	15.00%	16.20%	'
Sales of Automobiles [Member]	'	'	'
Goodwill (Textual)	'	'	'
Goodwill	4,031,873	'	'
Concentration Risk, Percentage	80.00%	'	'
Airport Auto Mall Automotive Services [Member]	'	'	'
Goodwill (Textual)	'	'	'
Goodwill	$16,127,492	'	'
Concentration Risk, Percentage	20.00%	'	'

Intangible_Assets_Net_Details

Intangible Assets, Net (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
			Customer relations [Member]
Intangible assets subject to amortization:	'	'	'
Intangible Asset, Life	'	'	'5 years
Intangible assets, cost	'	'	$555,002
Intangible assets, Foreign currency translation adjustments	'	'	1,426
Intangible assets, Less Accumulated Impairment	'	'	'
Intangible assets, Less Accumulated Amortization	'	'	-9,273
Intangible assets, Net Carrying Amount	$547,155	'	$547,155

Intangible_Assets_Net_Details_

Intangible Assets, Net (Details 1) (USD $)	Dec. 31, 2013
Goodwill/Intangible Assets, Net [Abstract]	'
2014	$111,286
2015	111,286
2016	111,286
2017	111,286
2018	102,011
Total	$547,155

Intangible_Assets_Net_Details_1

Intangible Assets, Net (Details Textual) (USD $)	3 Months Ended	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Intangible Assets, Net (Textual)	'	'	'
Impairment charge	$926,110	'	'
Impairment of intangible assets after tax excluding goodwill	314,094	'	'
Amortization expenses	'	$9,267	$179,063

Equity_Investment_in_Car_King_2

Equity Investment in Car King Tianjin (Details) (Car King Tianjin [Member], USD $)	12 Months Ended
	Dec. 31, 2013
Car King Tianjin [Member]	'
Condensed income statement information:	'
Net sales	'
Gross profit	'
Net loss	-191,651
Company's equity in net loss of investee	($76,660)

Equity_Investment_in_Car_King_3

Equity Investment in Car King Tianjin (Details 1) (Car King Tianjin [Member], USD $)	Dec. 31, 2013
Car King Tianjin [Member]	'
Condensed balance sheet information:	'
Current assets	$1,554,709
Non current assets	31,244
Total assets	1,585,953
Current liabilities	141,193
Equity	1,444,760
Current liabilities and equity	$1,585,953

Equity_Investment_in_Car_King_4

Equity Investment in Car King Tianjin (Details Textual)	Dec. 31, 2013	Nov. 22, 2013	Dec. 31, 2012	Nov. 30, 2013	Nov. 22, 2013	Nov. 22, 2013
	USD ($)	CNY	USD ($)	Car King Tianjin [Member]	Car King Tianjin [Member]	Car King China [Member]
					CNY	CNY
Equity Method Investments Textual	'	'	'	'	'	'
Contributed capital	'	4,000,000	'	'	8,000,000	12,000,000
Registered capital	'	20,000,000	'	'	'	'
Equity investment balance	$577,904	'	'	'	'	'
Net profit or loss	'	'	'	40.00%	'	'

Lines_of_Credit_Related_to_Fin1

Lines of Credit Related to Financing Services (Details)

12 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Jun. 30, 2012

Jun. 30, 2012

Dec. 31, 2013

Dec. 31, 2013

Sep. 30, 2012

Sep. 30, 2012

Dec. 31, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Sep. 30, 2012

Sep. 30, 2012

Dec. 31, 2013

Dec. 31, 2013

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2013

Dec. 31, 2012

USD ($)

USD ($)

China Merchants Bank [Member]

China Merchants Bank [Member]

China Merchants Bank [Member]

China Merchants Bank [Member]

China Merchants Bank [Member]

China Merchants Bank [Member]

Agricultural Bank of China [Member]

Agricultural Bank of China [Member]

Agricultural Bank of China [Member]

Agricultural Bank of China [Member]

Agricultural Bank of China [Member]

Agricultural Bank of China [Member]

Agricultural Bank of China [Member]

Agricultural Bank of China [Member]

Agricultural Bank of China [Member]

Agricultural Bank of China [Member]

Agricultural Bank of China [Member]

Agricultural Bank of China [Member]

PuDong Development Bank [Member]

PuDong Development Bank [Member]

PuDong Development Bank [Member]

PuDong Development Bank [Member]

PuDong Development Bank [Member]

PuDong Development Bank [Member]

PuDong Development Bank [Member]

PuDong Development Bank [Member]

PuDong Development Bank [Member]

PuDong Development Bank [Member]

China Zheshang Bank [Member]

China Zheshang Bank [Member]

China Zheshang Bank [Member]

China Zheshang Bank [Member]

China Zheshang Bank [Member]

China Zheshang Bank [Member]

China Zheshang Bank [Member]

China Zheshang Bank [Member]

Line of Credit [Member]

Line of Credit [Member]

Line of Credit [Member]

Line of Credit [Member]

Minimum [Member]

Maximum [Member]

Line of Credit [Member]

Line of Credit [Member]

Line of Credit [Member]

Line of Credit [Member]

Line Of Credit 1 [Member]

Line Of Credit 1 [Member]

Line Of Credit 1 [Member]

Line Of Credit 1 [Member]

Minimum [Member]

Minimum [Member]

Maximum [Member]

Maximum [Member]

Line of Credit [Member]

Line of Credit [Member]

Line of Credit [Member]

Line Of Credit 1 [Member]

Line Of Credit 1 [Member]

Line Of Credit 1 [Member]

Minimum [Member]

Minimum [Member]

Maximum [Member]

Maximum [Member]

Line of Credit [Member]

Line of Credit [Member]

Line of Credit [Member]

Line Of Credit 1 [Member]

Line Of Credit 1 [Member]

Line Of Credit 1 [Member]

Line of Credit 2 [Member]

Line of Credit 2 [Member]

USD ($)

USD ($)

USD ($)

CNY

Line of Credit [Member]

Line of Credit [Member]

USD ($)

CNY

USD ($)

USD ($)

USD ($)

CNY

USD ($)

USD ($)

Line of Credit [Member]

Line Of Credit 1 [Member]

Line of Credit [Member]

Line Of Credit 1 [Member]

USD ($)

CNY

USD ($)

USD ($)

CNY

Line of Credit [Member]

Line Of Credit 1 [Member]

Line of Credit [Member]

Line Of Credit 1 [Member]

USD ($)

CNY

USD ($)

CNY

USD ($)

USD ($)

Entities

Entities

Entities

Entities

Customer

Customer

Lines of Credit Related to Financing Services (Textual)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum borrowing amount

'

'

'

'

$13,092,433

80,000,000

'

'

$85,100,812

520,000,000

'

'

$85,100,812

520,000,000

'

'

'

'

'

'

'

$16,365,541

100,000,000

$19,638,649

'

120,000,000

'

'

'

'

$24,548,311

150,000,000

'

'

$24,548,311

150,000,000

'

'

Interest rates

'

'

'

'

'

'

1.80%

5.19%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Lines of credit facility repayment period

'

'

'Repayable within 3 months from the dates of drawing.

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Line of credit facility, amount outstanding

'

'

3,930,068

10,542,205

'

'

'

'

'

'

'

40,085,271

'

'

55,298,731

'

'

'

'

'

'

'

'

553,865

0

'

'

'

'

'

'

'

'

'

'

'

6,390,648

900,542

Guarantors under line of credit facility, Description

'

'

'

'

'

'

'

'

'

'

'The facility line of credit is guaranteed by five non-related entities, which are customers, suppliers or both, and one of which is a major customer.

'

'

'

'The facility line of credit is guaranteed by five non-related entities, which are customers, suppliers or both, and one of which is a major customer.

'

'

'

'

'

'The facility line of credit was guaranteed by Ms. Cheng Weihong, a Director and Senior Vice President of the Company, and a non-related entity, which is also a supplier and a customer of the Company, and matured in December 2013.

'

'

'The facility line of credit was guaranteed by Ms. Cheng Weihong, a Director and Senior Vice President of the Company, and a non-related entity, which is a supplier of the Company, and matures in December 2014.

'

'

'

'

'

'

'

'

'This facility line of credit is guaranteed by Mr. Tong Shiping, the Company's Chairman, President and CEO, Ms. Cheng Weihong, a Director and Senior Vice President of the Company, and two unrelated parties which are also customers (including one major customer) of the Company, and matured in September 2013.

'This facility line of credit is guaranteed by (i) Mr. Tong Shiping, the Company's Chairman, President and CEO, (ii) Ms. Cheng Weihong, a Director and Senior Vice President of the Company, (iii) Tianjin Binhai International Automall Ltd. Co., a customer, (iv) Zhonghe, the Company's subsidiary, and (v) Hezhong (Tianjin) International Development Ltd. Co., the former owner of Zhonghe,. This facility matures in September 2014.

'

'

'Repayable within 3 months from the dates of drawing.

'

Number of unrelated entities

'

'

'

'

'

'

'

'

5

5

'

'

5

5

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2

2

'

'

'

'

'

'

Interest rate per annum

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3.79%

4.06%

5.19%

5.89%

'

'

'

'

'

'

4.24%

4.24%

4.30%

4.25%

'

'

'

'

'

'

'

'

Maturity date of line of credit

'

'

'The facility line of credit is guaranteed by Ms. Cheng Weihong, a Director and Senior Vice President of the Company, and a non-related entity which is a supplier of the Company, and matured in June 2013 and was renewed for one year through June 2014 with substantially the same terms.

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Collateral for borrowings on the lines of credit related to financing services

8,733,869

'

'

'

'

'

'

'

'

'

'

'

'

'

8,733,869

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Minimum range of deposit in purchase price

10.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum range of deposit in purchase price

15.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Lines of credit, interest expense

$2,537,905

$3,374,466

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Short_Term_Borrowings_Details

Short Term Borrowings (Details)

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2013

Aug. 31, 2013

Aug. 31, 2013

Sep. 30, 2012

Sep. 30, 2012

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2013

USD ($)

USD ($)

Agricultural Bank Of China [Member]

Agricultural Bank Of China [Member]

Agricultural Bank Of China [Member]

Agricultural Bank Of China [Member]

Agricultural Bank Of China [Member]

Agricultural Bank Of China [Member]

Agricultural Bank Of China [Member]

China Zheshang Bank [Member]

China Zheshang Bank [Member]

China Zheshang Bank [Member]

China Zheshang Bank [Member]

China Zheshang Bank [Member]

China Zheshang Bank [Member]

China Zheshang Bank [Member]

China Zheshang Bank [Member]

China Zheshang Bank [Member]

Loan Agreement [Member]

Loan Agreement [Member]

Loan Agreement [Member]

Loan Agreement [Member]

Loan Agreement [Member]

USD ($)

CNY

USD ($)

Financing Agreements [Member]

Financing Agreements [Member]

Minimum [Member]

Maximum [Member]

USD ($)

CNY

USD ($)

CNY

USD ($)

CNY

USD ($)

CNY

USD ($)

USD ($)

CNY

USD ($)

Minimum [Member]

Maximum [Member]

USD ($)

CNY

Financing Agreements [Member]

Financing Agreements [Member]

Agreement

Agreement

Segment

Segment

Agreement

Agreement

Agreement

Agreement

Segment

Segment

Agreement

Agreement

Segment

Segment

Short term borrowings (Textual)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest rate per annum

'

'

'

'

'

'

'

'

'

5.60%

5.60%

5.60%

5.60%

5.60%

5.60%

'

'

'

'

'

'

1.73%

2.04%

Number of unrelated entities

'

'

'

'

'

'

'

'

'

2

2

2

2

2

2

'

'

'

'

'

'

'

'

Outstanding balances of short term borrowings

$6,259,598

$19,673,128

$3,002,182

'

$0

$16,608,604

'

'

'

$3,243,615

19,904,114

$3,243,615

19,904,114

$3,064,524

19,309,874

$3,257,416

'

$3,064,524

'

'

'

'

'

Advance received from ABC

'

'

'

'

'

16,608,604

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Period for short term agreements

'

'

'6 months

'6 months

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Notes receivable amount as guarantees

'

'

'

'

'

1,587,024

10,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restricted cash

'

'

$1,472,899

10,000,000

'

$16,140,039

101,700,000

'

'

'

'

'

'

'

'

$3,273,108

20,000,000

'

$3,002,182

18,344,534

$0

'

'

Estimated variable interest rate in addition to LIBOR

'

'

'

'

'

'

'

0.30%

2.60%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest rate in addition to LIBOR on financing loans

'

'

'

'

'

'

'

0.92%

3.33%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of agreements

'

'

'

'

'

12

12

'

'

4

4

4

4

4

4

'

'

'

'

'

'

'

'

Description of guarantors under loan agreement

'

'

'

'

'

'

'

'

'

'Guaranteed by Mr. Tong Shiping, the Company's Chairman, President and CEO, Ms. Cheng Weihong, a Director and Senior Vice President of the Company.

'Guaranteed by Mr. Tong Shiping, the Company's Chairman, President and CEO, Ms. Cheng Weihong, a Director and Senior Vice President of the Company.

'Guaranteed by Mr. Tong Shiping, the Company's Chairman, President and CEO, Ms. Cheng Weihong, a Director and Senior Vice President of the Company.

'Guaranteed by Mr. Tong Shiping, the Company's Chairman, President and CEO, Ms. Cheng Weihong, a Director and Senior Vice President of the Company.

'Guaranteed by Mr. Tong Shiping, Ms. Cheng Weihong, a personal friend of Mr. Tong Shiping.

'Guaranteed by Mr. Tong Shiping, Ms. Cheng Weihong, a personal friend of Mr. Tong Shiping.

'

'

'

'

'

'

'

'

Notes_Payable_to_Suppliers_Det

Notes Payable to Suppliers (Details)	12 Months Ended		12 Months Ended				12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013
	USD ($)	USD ($)	Bank Of Jinzhou [Member]	Bank Of Jinzhou [Member]	Bank Of Jinzhou [Member]	Bank Of Jinzhou [Member]	China Zheshang Bank [Member]	China Zheshang Bank [Member]	Agricultural Bank Of China [Member]	Agricultural Bank Of China [Member]
			USD ($)	CNY	USD ($)	CNY	USD ($)	CNY	USD ($)	CNY
Notes Payable to Suppliers (Textual)	'	'	'	'	'	'	'	'	'	'
Range of term of notes payable	'Three to six months.	'	'	'	'	'	'	'	'	'
Percentage of bank fee on notes payable amounts	0.05%	'	'	'	'	'	'	'	'	'
Outstanding notes payable	$21,275,203	$12,696,196	$13,092,433	80,000,000	$12,696,196	80,000,000	$3,273,108	20,000,000	$4,909,662	30,000,000
Term of guarantee payments to suppliers	'	'	'6 months	'6 months	'	'	'6 months	'6 months	'6 months	'6 months
Required percentage of the notes amounts	'	'	50.00%	50.00%	'	'	100.00%	100.00%	30.00%	30.00%
Guaranteed funds classified as restricted cash	'	'	$6,550,349	'	$6,348,098	'	$3,273,108	20,000,000	$1,472,899	10,000,000

Long_Term_Debt_Details

Long Term Debt (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Long Term Debt [Abstract]	'	'
Outstanding debt balance	$51,012,804	'
Less current portion	-15,706,581	'
Outstanding debt balance less current portion	$35,306,223	'

Long_Term_Debt_Details_1

Long Term Debt (Details 1) (USD $)	Dec. 31, 2013
Long Term Debt [Abstract]	'
2014	$15,706,581
2015	16,978,146
2016	18,328,077
Total long-term debt	$51,012,804

Long_Term_Debt_Details_Textual

Long Term Debt (Details Textual)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2013
	USD ($)	CNY
	Installments	Installments
Long Term Debt (Textual)	'	'
Debt due in installment payment	$19,600,000	120,000,000
Debt interest rate	6.00%	6.00%
Number of installments	3	3

Income_Taxes_Details

Income Taxes (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Summary of reconciliation of the provision for income taxes	'	'
Computed tax at US federal statutory rate of 34%	$731,583	$1,420,079
Permanent differences:	'	'
Meals and entertainment (non-deductible portion)	29,581	44,114
Legal and professional fees (non-deductible portion)	226,520	226,569
Stock issuance in conjunction with Zhonghe acquisition	335,240	'
Gain on forgiveness of loan payable to Qizhong	545,396	'
Impairment of goodwill and intangible assets (non-deductible portion)	'	451,400
Tax rate difference between US and PRC on foreign earnings	-342,306	-375,903
Loss of Qizhong and its subsidiaries not deducted by other consolidation group entities as separated tax returns were filed	'	342,330
Change in valuation allowance	155,190	-443,726
Other	-46,686	-68,684
Total income taxes	$1,634,518	$1,596,179

Income_Taxes_Details_1

Income Taxes (Details 1) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Current	'	'
US Federal	'	'
PRC	1,779,224	2,310,079
Total current	1,779,224	2,310,079
Deferred	'	'
US Federal	'	'
PRC	-144,706	-713,900
Total deferral	-144,706	-713,900
Total income taxes	$1,634,518	$1,596,179

Income_Taxes_Details_2

Income Taxes (Details 2) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Deferred tax assets:	'	'
Impairment loss carryforwards	'	$714,161
Net operating losses carryforwards	155,190	'
Inventory reserve	48,345	'
Deferred tax assets gross	203,535	714,161
Valuation allowance	-155,190	'
Total deferred tax asset	48,345	714,161
Deferred tax liability:	'	'
Debt discount	1,580,616	'
Excess of book basis over tax basis - Airport International Auto Mall property	11,308,850	'
Intangible asset	136,789	'
Total deferred tax liabilities	13,026,255	'
Net deferred tax liability	12,977,910	'
Deferred tax assets	'	'
- Current	48,345	714,161
Deferred tax liability	'	'
- Current	786,413	'
- Non-current	12,239,842	'
Total deferred tax liabilities	$13,026,255	'

Income_Taxes_Details_Textual

Income Taxes (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Income Taxes (Textual)	'	'
Income tax standard tax rate	25.00%	25.00%
Income taxes	$1,634,518	$1,596,179
Effective income tax rate	75.98%	38.22%
Income tax effective rate	34.00%	34.00%
Valuation allowance	155,190	'
Earnings relate to ongoing operations	32,600,000	'
Tax filings examination period	'	'Up to 5 years
Operating loss carryforwards	$615,000	'
Expiration date	31-Dec-18	'

Retained_Earnings_Details

Retained Earnings (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Retained Earnings (Textual)	'	'
Annual general reserve of profit after tax as determined under PRC GAAP, (in percentage)	10.00%	'
Limit of annual appropriation to general reserve maximum	50.00%	'
Company's statutory reserve fund	$3,790,000	$3,559,000

Related_Party_Balances_and_Tra1

Related Party Balances and Transactions (Details) (USD $)	12 Months Ended						12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
			Ms. Cheng Weihong [Member]	Ms. Cheng Weihong [Member]	Shareholder's (Sino Peace Limited) [Member]	Shareholder's (Sino Peace Limited) [Member]	Former Shareholder's of Goodcar [Member]	Qizhong [Member]	Qizhong [Member]
Related Party Balances and Transactions (Textual)	'	'	'	'	'	'	'	'	'
Aggregate borrowings	'	'	$862,200	$852,075	'	'	'	'	'
Borrowings repayments	'	'	755,921	352,335	'	'	'	'	'
Due to related parties	'	'	597,393	512,023	2,223,458	2,156,166	'	0	1,140,313
Business acquisition cash consideration	'	'	'	'	'	'	1,084,905	'	'
Gain on forgiveness of debt	'	-1,139,861	'	'	'	'	'	'	'
Foreign currency translation adjustment	'	54,956	'	'	'	'	'	'	'
Outstanding debt balance	'	1,084,905	'	'	'	'	'	'	'
Imputed interest charged	$0	$0	'	'	'	'	'	'	'

Commitments_Details

Commitments (Details) (USD $)	Dec. 31, 2013
Future minimum lease payments under non-cancelable operating leases	'
2014	$42,909
Thereafter	'
Future minimum payments total	$42,909

Commitments_Details_Textual

Commitments (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Commitments (Textual)	'	'
Description for operating lease expiration date	'Begin to expire in 2013 and through 2014.	'
Rent expense under operating leases	$122,691	$240,724

Segment_Information_Details

Segment Information (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Operations of Company's operating segments	'	'
Net revenue	$459,235,057	$591,315,104
Cost of revenue	452,379,416	580,057,718
Operating expenses:	'	'
Selling and marketing	751,114	977,555
General and administrative	3,174,780	2,036,436
Impairment loss of goodwill and intangible assets	'	4,661,201
Total operating expenses	3,925,894	7,675,192
Income from operations	2,929,747	3,582,194
Sales of Automobiles [Member]	'	'
Operations of Company's operating segments	'	'
Net revenue	450,143,413	581,292,369
Cost of revenue	449,748,338	576,062,562
Operating expenses:	'	'
Selling and marketing	43,285	454,140
General and administrative	91,478	473,030
Impairment loss of goodwill and intangible assets	'	'
Total operating expenses	134,763	927,170
Income from operations	260,312	4,302,637
Financing Services [Member]	'	'
Operations of Company's operating segments	'	'
Net revenue	6,893,986	7,085,357
Cost of revenue	2,560,052	3,462,653
Operating expenses:	'	'
Selling and marketing	474,832	314,584
General and administrative	1,003,500	327,670
Impairment loss of goodwill and intangible assets	'	'
Total operating expenses	1,478,332	642,254
Income from operations	2,855,602	2,980,450
Web-based Advertising Services [Member]	'	'
Operations of Company's operating segments	'	'
Net revenue	471,277	819,344
Cost of revenue	38,201	282,044
Operating expenses:	'	'
Selling and marketing	47,448	46,657
General and administrative	100,277	48,598
Impairment loss of goodwill and intangible assets	'	4,661,201
Total operating expenses	147,725	4,756,456
Income from operations	285,351	-4,219,156
Automobile Value Added Services [Member]	'	'
Operations of Company's operating segments	'	'
Net revenue	740,338	1,178,274
Cost of revenue	22,150	240,017
Operating expenses:	'	'
Selling and marketing	78,686	81,475
General and administrative	166,293	84,864
Impairment loss of goodwill and intangible assets	'	'
Total operating expenses	244,979	166,339
Income from operations	473,209	771,918
Airport Auto Mall Automotive Services [Member]	'	'
Operations of Company's operating segments	'	'
Net revenue	15,788	'
Cost of revenue	'	'
Operating expenses:	'	'
Selling and marketing	1,730	'
General and administrative	3,656	'
Impairment loss of goodwill and intangible assets	'	'
Total operating expenses	5,386	'
Income from operations	10,402	'
Auto Mall Management Services [Member]	'	'
Operations of Company's operating segments	'	'
Net revenue	970,255	939,760
Cost of revenue	10,675	10,442
Operating expenses:	'	'
Selling and marketing	105,133	80,699
General and administrative	222,186	84,056
Impairment loss of goodwill and intangible assets	'	'
Total operating expenses	327,319	164,755
Income from operations	632,261	764,563
Corporate [Member]	'	'
Operations of Company's operating segments	'	'
Net revenue	'	'
Cost of revenue	'	'
Operating expenses:	'	'
Selling and marketing	'	'
General and administrative	1,587,390	1,018,218
Impairment loss of goodwill and intangible assets	'	'
Total operating expenses	1,587,390	1,018,218
Income from operations	($1,587,390)	($1,018,218)

Segment_Information_Details_1

Segment Information (Details 1) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Total assets by segment	'	'
Total Assets	$261,555,625	$166,195,716
Sales of Automobiles [Member]	'	'
Total assets by segment	'	'
Total Assets	93,650,624	76,548,467
Financing Services [Member]	'	'
Total assets by segment	'	'
Total Assets	96,122,720	87,555,632
Web-based Advertising Services [Member]	'	'
Total assets by segment	'	'
Total Assets	1,820,264	213,155
Automobile Value Added Services [Member]	'	'
Total assets by segment	'	'
Total Assets	2,815,434	568,770
Airport Auto Mall Automotive Services [Member]	'	'
Total assets by segment	'	'
Total Assets	65,077,390	'
Auto Mall Management Services [Member]	'	'
Total assets by segment	'	'
Total Assets	376,146	86,065
Corporate [Member]	'	'
Total assets by segment	'	'
Total Assets	$1,693,047	$1,223,627

Segment_Information_Details_Te

Segment Information (Details Textual)	12 Months Ended
	Dec. 31, 2012
	Segment
Segment Information (Textual)	'
Number of operating segment	6

Subsequent_Events_Details

Subsequent Events (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Business Acquisition [Line Items]	'	'
Supplemental pro forma Revenue for the year ended December 31	$479,807,952	$655,080,618
Supplemental pro forma Net Income (loss) attributable to the company for the year ended December 31	-5,822,120	-4,861,937
Titanjin Prominent Hero International Logistics [Member]	'	'
Business Acquisition [Line Items]	'	'
Supplemental pro forma Revenue for the year ended December 31	458,264,802	590,375,344
Supplemental pro forma Net Income (loss) attributable to the company for the year ended December 31	($195,438)	$1,870,098

Subsequent_Events_Details_1

Subsequent Events (Details 1) (Subsequent Event [Member])	12 Months Ended
	Dec. 31, 2013
Subsequent Event [Member]	'
Subsequent Event [Line Items]	'
Agreement maturity date	28-Feb-14